The amount of cloud is recorded in okta - one okta being a coverage of one-eighth of what is rather grandiosely called the "celestial dome".

Okta Identity Cloud consists of a suite of products to manage and secure identities.

Twilio and Okta did not respond to requests for comment.

One of Okta's competitors in identity management, Denver-based Ping Identity Corp, was also sold earlier this month.

Okta and Goldman Sachs declined to comment.

One of Okta's competitors in identity management, Denver, Colorado-based Ping Identity Corp, was also sold earlier this month.

Services like Saleforce Identity and Okta are hoping to provide the same sort of convenience for the enterprise world.

Okta could file for an IPO as early as the second half of this year, the people said this week.

Okta helps companies organize passwords and authenticate the identity of employees who log into work applications made by other software firms.

She added the IPO market is healthy and Snowflake's peers MongoDB, Okta and Splunk have produced strong returns for investors this year.

And Marc Rogers, a VP of cyber security at Okta and Nate and Marc are both founding members of this group as well.

The Company's Okta Identity Cloud platform provides identity management solutions that enable customers to secure their users and connect them to technology and applications.

An Okta spokeswoman would not comment on Goldman's role and the IPO plans, other than to say that no sale process was being considered.

Okta's Todd McKinnon speaks during a question and answer session at the Tech Crunch Disrupt conference in San Francisco, California, September 11, 2012.

Like these software providers, Okta is also not profitable, having posted a net loss of $83.5 million in the year ended Jan. 31, 2017.