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5 Companies That Came To Win This Week

For the week ending April 7, CRN looks at IT companies that were unfortunate, unsuccessful or just didn't make good decisions.

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Okta Shares Spike After IPO

Okta, a San Francisco-based startup that offers an identity and access management platform for cloud applications, as well as mobile device management, two-factor authentication, and application development and API security tools, ended its first day of trading up $6.51 (+38.29%) to 23.51.

That raised some $187 million for Okta, which says it wants to use the funds to help with toward overall growth, innovation and potentially further acquisitions.

 
 
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