* Okta (NASDAQ:OKTA [https://seekingalpha.com/symbol/OKTA]) has acquired Israeli startup Axiom in a deal estimated at around $100M, though the price was not officially disclosed.
* Axiom’s team will join Okta’s Israel-based development center.
* The acquisition enhances Okta’s cloud-based identity and permissions management offerings.
* Axiom had raised $10M to date, including a $7M seed round in December 2022 led by S Capital.
* Okta is currently valued at approximately $16B in market capitalization.
* OKTA shares up 1% on Tuesday.
* Source: Report [https://www.calcalistech.com/ctechnews/article/ryzs3xstgl#google_vignette]
MORE ON OKTA
* Okta's Growth Strategies: A Case For Long-Term Investment [https://seekingalpha.com/article/4808675-oktas-growth-strategies-a-case-for-long-term-investment]
* Okta: Fair Valuation With High Speculative Upside [https://seekingalpha.com/article/4807828-okta-fair-valuation-with-high-speculative-upside]
* Okta Remains A Buy As Steady Recurring Revenue And AI Progress Impress [https://seekingalpha.com/article/4806659-okta-remains-a-buy-as-steady-recurring-revenue-and-ai-progress-impress]
* Okta gets rating upgrade at Canaccord [https://seekingalpha.com/news/4489145-okta-gets-rating-upgrade-at-canaccord]
* Okta in focus as Truist upgrades to Buy [https://seekingalpha.com/news/4488727-okta-in-focus-as-truist-upgrades-to-buy]
Okta acquires Israeli cybersecurity startup Axiom in estimated $100M deal
Published 2 months ago
Aug 26, 2025 at 1:45 PM
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