US cloud firm Okta hires Goldman Sachs to lead an IPO or sale

US cloud firm Okta hires Goldman Sachs to lead an IPO or sale

A Goldman Sachs sign is seen over the company's trading stall on the floor at the New York Stock Exchange, March 21, 2013. REUTERS/Brendan McDermid

Okta Inc, a U.S. cloud identity management company valued at $1.2 billion in its latest private fundraising round, has hired Goldman Sachs Group to lead an initial public offering or outright sale, people familiar with the matter said.

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