Okta to acquire Permiso Security for nearly $200 million

Identity management company Okta announced on Thursday, July 30, 2026, that it has signed a definitive agreement to acquire Permiso Security, a startup specializing in detecting threats after users, applications, or AI agents have gained access to systems. The deal, valued at just under $200 million in a nearly all-cash transaction, is expected to close in the third quarter of Okta's fiscal year 2027, subject to customary closing conditions.

Permiso Security, founded in 2020 and based in Palo Alto, California, provides identity threat detection and response (ITDR) software. Its platform monitors activity across cloud accounts, software-as-a-service applications, and infrastructure tools, using behavioral analytics to flag suspicious actions that deviate from normal patterns. The company draws on more than 2,500 detection signals from over 70 identity partners. Okta stated the acquisition will not alter the financial guidance it issued on May 27, 2026.

A key driver for the acquisition is the growing need to secure non-human identities, particularly AI agents, as enterprises deploy more autonomous software. Okta cited research indicating 58 percent of executives reported an...