US identity and access management company Okta (Nasdaq: OKTA) is acquiring Israeli company Axiom Security, sources tell "Globes." This is Okta's second acquisition in Israel after it acquired Spera Security for over $100 million in 2023.
Tel Aviv-based Axiom is a relatively small company founded by Itay Mesika and Ilan Dardik, which simplifies and secures workforce access to modern infrastructure, through seamless, secure-by-default access workflows across the entire lifecycle. Estimates are that Okta is paying $75 million for Axiom Security, in which the investors include Armis founders Yevgeny Dibrov and Nadir Izrael, Descope founders Slavik Markovich and Guy Rinat, Torq founder Ofer Smadari, and Sharin Fisher-Dibrov.
Other investors are the S Capital fund of Aya Peterburg and Haim Sadger, both formerly with Sequoia Capital, and the Geffen Capital fund. According to estimates, the company has raised $10 million from investors and currently has no more than 20 employees.
Published by Globes, Israel business news - en.globes.co.il - on August 26, 2025.
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