$187 million

Capital that cybersecurity startup Okta is looking to raise after launching its initial public offering Friday. (The stock is trading on the NASDAQ under the symbol OKTA.) In its first few hours of trading, the stock jumped more than 35 percent, to around $23 per share.

Mathew Shuster, regional vice president at San Ramon, Calif.-based Kovarus, said the IPO is "significant," both for Okta and for its partners. "The technology has been up to the task for customers for years, but when bigger enterprises are making a strategic decision on this sort of thing, they like to see stability. I think the IPO helps Okta," Shuster said.