Okta acquired Spera Cybersecurity for approximately $80 million announced (cash + Class A common stock); final acquisition-date cash consideration of $58 million ($12M in 18-month escrow) per FY25 10-K, a transaction completed in February 2024, structured as cash + stock.
Spera Cybersecurity operates in Workforce Identity / Identity Threat Detection and Response, is based in Tel Aviv, Israel. Spera Security (legal name Spera Cybersecurity, Inc.) was an Israeli identity security platform provider focused on identity threat detection and security posture management — visibility across identity providers, SaaS applications, and cloud infrastructure (AWS, Salesforce, GCP, GitHub) with compliance monitoring against SOX and NIST. Okta announced the deal would broaden the company's identity threat detection and security posture management capabilities.
The acquisition of Spera, an identity security platform provider, is expected to broaden the Company's identity threat detection and security posture management capabilities.
Identity threat detection and response was the gap Okta's 2022 vendor breach and 2023 support-system incident exposed — Spera was a focused, Israeli-team-led ITDR product that could be productized into Okta faster than building from scratch. Spera integrates with Okta's existing ITDR capabilities to add security posture management and attack surface management. Spera technology integrated into Okta's identity security product line NULL (Quartr coverage gap — no Okta transcripts available between April 2021 and September 2025 in the licensed feed)
The acquisition of Spera, an identity security platform provider, is expected to broaden the Company's identity threat detection and security posture management capabilities.Okta FY24 10-K, Subsequent Events note (Note 16)
Continues our investment in secure Identity product offering.Arnab Bose, Chief Product Officer, Okta (close-of-acquisition blog, February 2024)
Advisory firms were not disclosed for this transaction.