$10 billion identity startup Okta launches a $50 million venture capital fund to invest in startups using blockchain and AI

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$10 billion identity startup Okta launches a $50 million venture capital fund to invest in startups using blockchain and AI
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Okta announced a $50 million fund to invest in the next generation of identity startups using AI, machine learning and blockchain.

At its customer conference Oktane, cloud identity manager Okta announced a $50 million fund to invest in the next generation of identity and authentication startups.

The fund's first investment is in Trusted Key, a blockchain-based digital identity platform that had previously raised $3 million.unveiled Okta Ventures, a $50 million in-house venture fund focusing on early-stage identity and authentication startups that use artificial intelligence, machine learning, and blockchain technology.

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