Canadian password manager 1Password has acquired Israeli-founded cybersecurity startup Apono for an estimated $300 million. Apono's technology manages temporary, just-in-time access for humans, machines, and AI agents across cloud systems and internal tools, automatically revoking permissions when tasks are completed. The deal marks a major Israeli cyber exit, according to reports.
The acquisition of Apono by 1Password, estimated at $300 million, is one of the larger Israeli cyber exits of the year and signals the growing importance of AI-agent access governance in enterprise security. Apono, founded in Israel, developed a just-in-time access platform that grants temporary permissions to humans, automated systems, and AI agents, then shuts them down automatically when the task ends. This capability has become a priority as companies deploy AI agents that need to interact with cloud databases and internal corporate tools.
The deal follows a string of Israeli cyber exits and investments: earlier this week, The Zioneer reported that SailPoint acquired Israeli firm Entero Security for approximately $200 million (Mon June 15). Monday.com also allocated $50 million for an AI investment arm targeting Israeli startups (Mon June 15). The Knesset advanced the National Cyber Defense Bill in its first reading last week (Tue June 9), setting binding security standards for vital organizations. The Apono acquisition adds to a growing body of evidence that Israeli cybersecurity innovation — particularly in AI and identity security — continues to attract premium valuations from global tech firms.
- DevelopingIsraeli cybersecurity firm Entero Security sold to US-based SailPoint for ~$200M
- DevelopingMonday.com allocates $50 million for Israeli AI startups fund
- DevelopingIsraeli AI oversight professionals valued at $12 billion market
- DevelopingWhatsApp asks US court to sanction Israeli cyber firm NSO Group
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