Market & Regulation
Okta acquires AI security startup Permiso for $200M
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Why it matters
- →The acquisition enhances Okta's capabilities in securing AI agents and machine identities.
- →It reflects the growing demand for identity security as AI becomes more integrated into enterprise operations.
- →Permiso's expertise in detecting identity threats strengthens Okta's position in the competitive identity management market.
Okta has agreed to acquire AI identity security startup Permiso Security in a deal valued at approximately $200 million. Permiso, founded by former FireEye executives, focuses on detecting suspicious activities in cloud environments and monitoring AI agents. This acquisition aligns with Okta's strategy to expand its identity management services to include continuous monitoring of machine identities. The deal is expected to close in the third quarter of Okta's fiscal 2027, subject to customary conditions.
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