Oasis Security raises $120 million to tackle security risks from AI agents and machine identities

Oasis Security Secures $120 Million to Address Growing AI Security Challenges

Oasis Security raised $120 million in Series B funding to expand its platform that manages security risks from non-human identities across cloud and AI environments 1

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. The round was led by Craft Ventures, with participation from Sequoia Capital, Accel, and Cyberstarts 1

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. The cybersecurity startup, which declined to disclose its valuation, has now raised $190 million in total funding 1

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. Founded in 2022 by Danny Brickman and Ami Timarman, both former members of Israeli Intelligence Unit 81, the company operates from offices in New York and Tel Aviv 2

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Fortune 500 Companies Drive Adoption Amid Agentic AI Expansion

Fortune 500 companies account for the majority of Oasis Security's sales, with many adapting to agentic AI tools that autonomously carry out tasks on behalf of users 1

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. "An agent with full-blown access right now is as powerful as it gets," Brickman explained, noting that such access "creates even more pressure on" the chief information security officer of a company 1

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. In a surprising trend, Brickman observed that Fortune 500 companies, particularly in the financial sector, are moving to adopt AI agents more quickly than startups 1

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. These firms are encouraging employees to use AI tools for everything from coding to scanning emails, creating an expanding attack surface that requires sophisticated security measures 1

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Securing Non-Human Identities Across Complex Enterprise Systems

The Oasis Security platform addresses the proliferation of machine identities such as service accounts, APIs, bots, and workloads that operate without direct human interaction 2

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. Businesses' digital systems are growing increasingly complex with interconnecting applications and the onslaught of agentic AI tools capable of autonomous operations 1

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The platform discovers, classifies, and governs machine identities across enterprise environments to reduce exposure from unmanaged credentials and excessive permissions 2

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. By integrating with cloud providers, identity systems, and application environments, it inventories machine identities and maps their relationships to resources and privileges 2

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Platform Capabilities and Investment Focus

The platform analyzes authentication patterns, credential usage, and permission scopes to build a continuously updated view of how non-human identities are created and used 2

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. It identifies dormant accounts, excessive access rights, and misconfigured credentials to enable automated enforcement of access policies and lifecycle controls 2

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. The platform can detect unused or orphaned identities, enforce least-privilege access control, and manage secrets associated with applications and services 2

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. It also provides monitoring and alerting around anomalous behavior tied to machine identity activity 2

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. Oasis plans to use the funding to expand research and development, sales, and go-to-market teams to support cloud infrastructure security and governance needs 1

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