2023-12-20
Okta is buying an identity security posture management start-up, Spera, for $100-130mn. My early view is that the acquisition, in part, seems like a response to CRWD's success with Preempt, which has scaled to $200mn+ in ARR and doubling YoY. Preempt builds a behavioral baseline...
CTech
Okta is acquiring Israeli cybersecurity company Spera, which raised a $10M seed in March 2023; source: the deal is worth ~$100M-$130M, contingent on milestones
Meir Orbach / CTech :