Okta buys AI security startup Permiso; source says for about $200M
TechCrunch 2 months ago 25
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.