Okta Acquires AI Security Startup Permiso for Approximately $200M
Okta has agreed to acquire AI identity security startup Permiso Security in a deal valued at nearly $200 million, according to sources. The acquisition is structured as an almost all-cash transaction and is expected to close by the third quarter of Okta’s fiscal year 2027. While Okta did not disclose specific terms, it confirmed the move aligns with its strategy to expand beyond traditional identity verification into continuous monitoring for users, applications, and AI agents. Permiso specializes in detecting threats involving compromised identities within cloud environments and recently introduced SandyClaw, a platform that analyzes AI agent behavior before deployment. The startup was co-founded by former FireEye executives and has raised $29 million to date, including an $18.5 million Series A round led by Altimeter Capital. Okta’s chief product officer stated the acquisition will enhance its identity security fabric with advanced threat detection capabilities from Permiso's team.
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