1Password is buying its way into the agentic enterprise.
The Toronto identity-security company said on Monday it has acquired Apono, an Israeli startup that decides, in real time, what every human, machine and AI agent is allowed to touch inside a company’s systems. Neither side disclosed a price; the Israeli outlet Calcalist reports the deal is worth $250m to $300m, which would make it 1Password’s first acquisition in Israel.
The logic is the runtime layer.
1Password built its name storing passwords and secrets, the credentials that prove who an identity is. Apono governs the next question: once that identity is inside, what can it actually do, and for how long? Its platform grants access only at the moment it is needed, scoped to the task, then revokes it automatically when the work is done, so there are no standing accounts and permissions lying around for attackers to exploit.
“Today’s identity systems govern the entry, but not the stay,” said 1Password CEO David Faugno.
