Okta

Jamf Announces Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

ARR year-over-year growth of 15% to $566.3 million as of September 30, 2023

Key Points: 
  • ARR year-over-year growth of 15% to $566.3 million as of September 30, 2023
    Cash flow provided by operations of $47.2 million for the TTM ended September 30, 2023, or 9% of TTM total revenue; unlevered free cash flow of $60.6 million for the TTM ended September 30, 2023, or 11% of TTM total revenue
    MINNEAPOLIS, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced financial results for its third quarter ended September 30, 2023.
  • For the fourth quarter of 2023, Jamf currently expects:
    For the full year 2023, Jamf currently expects:
    To assist with modeling, for the fourth quarter of 2023 and full year 2023, amortization is expected to be approximately $10.9 million and $42.9 million, respectively.
  • In addition, for the fourth quarter of 2023 and full year 2023, stock-based compensation and related payroll taxes are expected to be approximately $25.2 million and $104.9 million, respectively.
  • Reconciliation tables of the most comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included with the financial tables at the end of this press release.

IGEL Announces IGEL OS 12 Single Sign-On (SSO) Authentication Integration with VMware Identity Services for VMware Workspace ONE®

Retrieved on: 
Tuesday, November 7, 2023

BARCELONA, Spain, Nov. 7, 2023 /PRNewswire/ -- IGEL, provider of the managed endpoint operating system for secured access to any digital workspace, today announced from VMware Explore Barcelona that IGEL OS 12 Single Sign-On (SSO) now supports VMware Identity Services for authentication to VMware Workspace ONE Access. Simplifying secure access to digital workspaces, cloud apps and data, IGEL's new support for VMware Identity Services improves user experiences while enabling increased productivity and privilege access control through a centralized VMware Workspace ONE interface.

Key Points: 
  • New Support for VMware Identity Services Simplifies and Secures Access to Digital Workspaces, Cloud Apps and Data through VMware Workspace ONE
    BARCELONA, Spain, Nov. 7, 2023 /PRNewswire/ -- IGEL , provider of the managed endpoint operating system for secured access to any digital workspace, today announced from VMware Explore Barcelona that IGEL OS 12 Single Sign-On (SSO) now supports VMware Identity Services for authentication to VMware Workspace ONE Access.
  • IGEL has integrated the advanced IGEL OS 12 SSO technology with VMware Identity Services enabling users to logon once to VMware Horizon using a SCIM 2.0-based cloud identity solution including Microsoft Entra ID (formerly Azure Active Directory), Okta or other SCIM 2.0-compliant technology.
  • Secure access and policy control for the IGEL OS-powered endpoints is centralized through the VMware Workspace ONE unified endpoint management solution delivering granular privilege management in a single view.
  • The VMware Identity Services support will be generally available this quarter in the latest release of IGEL OS 12, as part of the IGEL COSMOS secure endpoint platform.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Okta Inc. - OKTA

Retrieved on: 
Sunday, November 5, 2023

NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Okta Inc. (“Okta” or the “Company”) (NASDAQ: OKTA).

Key Points: 
  • NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Okta Inc. (“Okta” or the “Company”) (NASDAQ: OKTA).
  • The investigation concerns whether Okta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

JumpCloud Wins Coveted Top InfoSec Innovator Award for 2023

Retrieved on: 
Tuesday, October 31, 2023

LOUISVILLE, Colo., Oct. 31, 2023 (GLOBE NEWSWIRE) -- JumpCloud Inc. today announced it has been named the winner for the Hot Company SMB Cybersecurity award from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine.

Key Points: 
  • LOUISVILLE, Colo., Oct. 31, 2023 (GLOBE NEWSWIRE) -- JumpCloud Inc. today announced it has been named the winner for the Hot Company SMB Cybersecurity award from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine.
  • “We’re honored to be a member of this coveted group of winners in the 11th year of Cyber Defense Awards during CyberDefenseCon 2023 ,” said Eric Brown, vice president of corporate marketing, JumpCloud.
  • Enroll in JumpCloud University , where admins can enroll in free courses for all skill levels and earn official JumpCloud certification.
  • Attend The IT Hour , a weekly community program open to anyone, which focuses on everything in the life of the IT admin.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Okta Inc. - OKTA

Retrieved on: 
Friday, October 27, 2023

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Okta Inc. (“Okta” or the “Company”) (NASDAQ: OKTA).

Key Points: 
  • NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Okta Inc. (“Okta” or the “Company”) (NASDAQ: OKTA).
  • The investigation concerns whether Okta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

Beyond Identity Releases Defense Kit for Okta Customers

Retrieved on: 
Monday, November 6, 2023

Beyond Identity , the leading provider of passwordless, phishing-resistant MFA, today released the Okta Defense Kit , a duo of two preventative tools to help security and identity professionals identify and prevent security vulnerabilities, including those that contributed to recent breaches of the identity management service Okta.

Key Points: 
  • Beyond Identity , the leading provider of passwordless, phishing-resistant MFA, today released the Okta Defense Kit , a duo of two preventative tools to help security and identity professionals identify and prevent security vulnerabilities, including those that contributed to recent breaches of the identity management service Okta.
  • To help Okta customers detect, remediate, and diagnose vulnerabilities in their Okta environment, Beyond Identity built a new Okta Defense Kit that empowers IT, security, and identity professionals to protect against known malicious patterns.
  • For this reason, Okta recommends that customers “sanitize” these files before uploading them to support centers for troubleshooting.
  • “With our Okta Defense Kit, we are enabling organizations to proactively assess exposure to breaches and leverage known indicators and vectors of compromise to protect their enterprise environment against bad actors targeting Okta customers.”
    Click here to start using the Okta Breach Defense Kit today.

SAIC Announces New Zero Trust Edge Capability

Retrieved on: 
Thursday, November 2, 2023

Science Applications International Corp. (NYSE: SAIC ) today announced new, purpose-built Zero Trust security capabilities, which provide a solution to answer the Zero Trust pillars addressing data, identity, devices, networks, applications and workloads.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) today announced new, purpose-built Zero Trust security capabilities, which provide a solution to answer the Zero Trust pillars addressing data, identity, devices, networks, applications and workloads.
  • “SAIC has brought together the best-in-class tools to deliver a mission-ready Zero Trust Edge capabilities that provides multi-level secure data processing and analytics and prioritizes data in a DDIL environment to transport back to the cloud,” said Lauren Knausenberger, chief innovation officer at SAIC.
  • These components of software and hardware allow the capabilities to address the five pillars of the Zero Trust Maturity Model and therefore help increase cybersecurity posture at the edge.
  • SAIC is an industry leader in cloud and cybersecurity, addressing Zero Trust security capabilities, including the latest capabilities which have been validated and tested on an AWS Snowball Edge device.

Okta to Announce Third Quarter Fiscal Year 2024 Financial Results on November 29, 2023

Retrieved on: 
Wednesday, November 1, 2023

Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that it will release its financial results for its third quarter fiscal year 2024 ended October 31, 2023 after the U.S. market close on Wednesday, November 29, 2023.

Key Points: 
  • Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that it will release its financial results for its third quarter fiscal year 2024 ended October 31, 2023 after the U.S. market close on Wednesday, November 29, 2023.
  • Okta will host a live video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results.
  • A webcast replay will be accessible from the Okta investor relations website at investor.okta.com .
  • The press release will be accessible from the Okta investor relations website prior to the commencement of the event.

Chainguard Raises $61 Million Series B Round as Enterprises Move to Fortify Open Source Software

Retrieved on: 
Wednesday, November 1, 2023

KIRKLAND, Wash., Nov. 1, 2023 /PRNewswire/ -- Chainguard, the leader in software supply chain security, today announced it has completed a $61 million Series B round of funding led by Spark Capital and existing investors Sequoia Capital, Amplify Partners, The Chainsmoker's Mantis VC, and Banana Capital.

Key Points: 
  • "The future is clear - if you adopt open source software you are responsible for securing it.
  • Chainguard is on a mission to be the safe source for open source that every organization building software today can rely on to build right, build safe and build fast," said Dan Lorenc, CEO and Co-founder of Chainguard.
  • "Enterprises do not want another software security tool, they want secure software," said Clay Fisher, General Partner at Spark Capital.
  • There is nothing like Chainguard in the market today and we could not be more excited to support them on their important mission to be the safe source for open source software."

Firms in France Getting Smarter, More Selective About Security Tools

Retrieved on: 
Thursday, October 26, 2023

“The security teams of companies in France are constantly challenged by a variety of concerns,” said Lyonel Roüast, president of ISG SEMEA, based in Paris.

Key Points: 
  • “The security teams of companies in France are constantly challenged by a variety of concerns,” said Lyonel Roüast, president of ISG SEMEA, based in Paris.
  • The Zero Trust approach to security is becoming increasingly popular in France, and IAM is an integral part of that approach, the ISG report says.
  • “Enterprises in France expect services to be delivered in French and from France,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research.
  • The 2023 ISG Provider Lens™ Cybersecurity – Solutions and Services report for France evaluates the capabilities of 92 providers across seven quadrants: Identity and Access Management (IAM), Extended Detection and Response (XDR), Security Service Edge (SSE), Technical Security Services, Strategic Security Services, Managed Security Services - SOC (Large Accounts) and Managed Security Services - SOC (Midmarket).