The Wayback Machine - https://web.archive.org/web/20170314194902/https://www.wsj.com/articles/cloud-identity-and-access-manager-okta-files-for-ipo-1489443249
DOW JONES, A NEWS CORP COMPANY
News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services.
DOW JONES
NEWS CORP
DJIA ▲
20845.34 -0.17%
  S&P 500 ▲
2365.73 -0.33%
  Nasdaq ▲
5857.20 -0.32%
  U.S. 10 Yr ▲
8/32 yield 2.596%
  Crude Oil ▲
47.86 -1.12%
  Euro ▲
1.0604 -0.45%
 
Sections
Aim higher, reach further.
Get the Wall Street Journal $12 for 12 weeks. Subscribe Now
Subscribe Sign In
Is Your Stuff Safe in the Cloud?
Personal Technology
Is Your Stuff Safe in the Cloud?
Intel Deal for Mobileye Fuels Israel’s Drive to Be an Auto-Tech Hub
Intel Deal for Mobileye Fuels Israel’s Drive to Be an Auto-Tech Hub
Big Tech Reshapes Auto Supply Chain With Latest Deals
Big Tech Reshapes Auto Supply Chain With Latest Deals
Intel Joins Silicon Valley’s Race to Make Best ‘Server on Wheels’
Intel Joins Silicon Valley’s Race to Make Best ‘Server on Wheels’
One Year After Leaving Zenefits, Parker Conrad Unveils Rippling
One Year After Leaving Zenefits, Parker Conrad Unveils Rippling
Study: H-1B Visas Keep Down U.S. Tech Wages
Study: H-1B Visas Keep Down U.S. Tech Wages
Facebook Bans Use of User Data for Surveillance
Facebook Bans Use of User Data for Surveillance
Okta and Yext File for IPOs After Snap’s Debut
Okta and Yext File for IPOs After Snap’s Debut
Facebook, Google to Lead U.S. Digital Ad Market to 16% Growth This Year
Facebook, Google to Lead U.S. Digital Ad Market to 16% Growth This Year
FAA Mandating Higher Insurance Coverage for SpaceX Rockets
FAA Mandating Higher Insurance Coverage for SpaceX Rockets
Yahoo’s Mayer to Get $23 Million Golden Parachute
Yahoo’s Mayer to Get $23 Million Golden Parachute
New York City Sues Verizon Over Fiber-Optic Coverage
New York City Sues Verizon Over Fiber-Optic Coverage
Tesla’s Musk Sets Sights on Australia—Via Twitter
Tesla’s Musk Sets Sights on Australia—Via Twitter
Alexa and Cortana May Be Heading to the Office
Alexa and Cortana May Be Heading to the Office
Micron: Setting Up the Latest Chip Shot
Heard on the Street
Micron: Setting Up the Latest Chip Shot
Program Targets Real-Estate Technology
Program Targets Real-Estate Technology
Uber Urges Drivers to Reject Unionization Effort in Seattle
Uber Urges Drivers to Reject Unionization Effort in Seattle
WikiLeaks Prods Government System for Sharing Cybersecrets With Firms
WikiLeaks Prods Government System for Sharing Cybersecrets With Firms
Deal-Starved Banks Pin Hopes on China-Tech IPOs
Deal-Starved Banks Pin Hopes on China-Tech IPOs
SEC Denies Winklevoss Application for a Bitcoin ETF
SEC Denies Winklevoss Application for a Bitcoin ETF

Two Tech Startups File for IPOs After Snap’s Debut

Okta and Yext growing quickly but remain unprofitable as predictions call for breakout year for tech IPOs

By

Two software startups, Okta Inc. and Yext Inc., are trying to pick up where Snap Inc. left off, becoming the first tech companies to file for an initial public offering after the blockbuster IPO by the parent of Snapchat earlier this month.

Neither startup is a household name like messaging app Snapchat, but they both aim to capitalize on the fast-growing cloud-computing market.

San Francisco-based Okta, which was last valued...

Popular on WSJ