Okta buys AI security startup Permiso; source says for about $200M
TechCrunch AI Jagmeet Singh
Okta agreed to acquire AI security startup Permiso Security for approximately $200 million to strengthen its capabilities in protecting AI agents and machine identities in cloud environments. Permiso raised $29 million previously, with its Series A in April 2024 valuing the company at $80 million post-money. The acquisition is expected to close in Q3 of Okta's fiscal 2027 and will integrate Permiso's threat detection and AI agent monitoring capabilities into Okta's identity security platform.
Why it matters
The deal gives Okta identity threat detection capabilities as enterprises seek to secure AI agents and other non-human identities across cloud environments.
