Okta announced its agreement to acquire Permiso Security, an AI identity security startup. While Okta did not disclose the financial terms, sources indicate the acquisition is valued at just under $200 million and is structured as an almost all-cash deal. The transaction is subject to customary closing conditions and is expected to close in the third quarter of Okta's fiscal 2027.
Permiso Security specializes in detecting and mitigating threats across human, non-human, and agentic identities within multi-cloud environments. This acquisition extends Okta's current identity management offerings into identity threat detection and response (ITDR). The move positions Okta to address the increasing demand for securing AI agents and other machine identities as enterprises integrate autonomous software into their operations.
Okta plans to integrate Permiso's technology to help organizations close operational blind spots and extend runtime detection and response across all identity types. This aims to unify identity threat detection within a single platform, enhancing Okta's capabilities in threat detection and prevention. The acquisition reflects a broader industry trend where identity management companies are expanding beyond user verification at login to continuous monitoring of user, application, and AI agent activities post-authorization.
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Okta announced it will acquire Permiso Security, a cloud-native identity security platform specializing in threat detection across various identity types in multi-cloud environments. This acquisition expands Okta's offerings beyond identity management into identity threat detection and response, aiming to unify identity security within a single platform.
Okta has acquired Permiso Security, an AI identity security startup, for a reported $200 million in an all-cash deal. This acquisition expands Okta's capabilities beyond user identity verification to include continuous monitoring of AI agents and machine identities in cloud environments, addressing the growing need for securing autonomous software deployments.