Okta buys AI identity security startup Permiso for about $200M
Okta is acquiring Permiso Security for close to $200 million, nearly all cash, adding runtime monitoring of what users, applications, and AI agents do after they gain access. That is roughly 2.5x Permiso's $80M post-money valuation from April 2024 — identity vendors are repricing machine-identity security as the next competitive front.
Source: techcrunch.com ↗
identity management companies seek to expand beyond verifying users at login to continuously monitoring what users, applications, and AI agents do once gaining authorized access to a network environment
TechCrunch
Why this matters
- → Okta bets $200M that securing AI agents is now table-stakes for enterprise identity.
- → Runtime monitoring shifts from verifying login access to detecting what agents do after.
- → 2.5x valuation jump in 18 months signals machine-identity security as next competitive frontier.
AI agents reshape identity security