Okta to Acquire AI Security Startup Permiso for Approximately $200 Million
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- Source
- TechCrunch
Okta has announced its agreement to acquire Permiso Security, an AI identity security startup, for nearly $200 million. This acquisition reflects Okta's strategy to enhance its capabilities in protecting AI agents and machine identities as enterprises increasingly adopt autonomous software across their operations.
The significance of this acquisition lies in the growing demand for robust identity management solutions that extend beyond user verification to include continuous monitoring of applications and AI agents. As organizations integrate AI into their daily operations, the competition to secure machine identities intensifies, making this acquisition timely and strategic for Okta.
Looking ahead, the deal is expected to close in the third quarter of fiscal 2027, pending customary closing conditions. Okta aims to leverage Permiso's expertise in identity threat detection and response, which will bolster its identity security offerings and enhance its position in the market for securing non-human identities.
Original report
Okta buys AI security startup Permiso — source says for about $200M
TechCrunch · Jagmeet SinghThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
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