Okta has officially acquired Axiom Security to enhance its Privileged Access Management capabilities, focusing on stronger identity security solutions in cloud and AI environments.

About Axiom Security

Axiom Security, founded by Itay Mesika and Ilan Dardik in Tel Aviv, Israel, specializes in delivering a cloud-native, identity-centric Privileged Access Management (PAM) platform. This innovative solution empowers organizations to eliminate standing privileges and secure access to critical infrastructure. Key features include Just-in-Time (JIT) access, automated request and approval workflows, and thorough user access reviews. Axiom’s philosophy emphasizes that access should be inherently secure without disrupting business productivity, aligning seamlessly with Okta's mission to enable users to safely harness any technology through leading independent identity solutions.

Industry Overview in Israel

The technology sector in Israel is renowned for its robust innovation and a thriving startup ecosystem, especially in cybersecurity and identity management. Companies in the country are continually adapting to the rapidly evolving digital landscape, which increasingly necessitates advanced security solutions. With a high concentration of cybersecurity firms, Israel stands as a global leader, leveraging its expertise to tackle complex security challenges faced by organizations worldwide.

Moreover, the shift towards cloud computing has heightened the need for effective identity management practices. Enterprises are embracing cloud solutions for their flexibility and scalability, yet this transition presents

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Okta

invested in

Axiom Security

in 2023

in a Other deal

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