Cyera Oasis acquisition values identity startup at reported $1 billion
Cyera plans to buy Oasis Security, with Israeli media reporting a roughly $1 billion price for the nonhuman identity startup.
By Dominic Okoye · Staff Writer
· 3 min read
Cyera announced plans to acquire Oasis Security, and the Cyera Oasis acquisition is being reported by Israeli media as a roughly $1 billion deal. The purchase would add nonhuman identity management to Cyera’s data security platform, a combination aimed at controlling what AI agents, service accounts and other machine identities can access inside enterprises.
The companies did not disclose financial terms. Calcalist reported that the price is about $700 million in cash, with the remainder paid in Cyera stock. Globes reported that the companies have signed a letter of intent and that Oasis is expected to operate as an independent unit within Cyera after the transaction closes.
Why is Cyera buying Oasis Security?
Cyera is buying its way into a problem that has become more visible as companies deploy autonomous agents and automate more internal workflows. Cyera said nonhuman identities in Fortune 500 companies have increased by nearly 500% in the past six months and are now the fastest-growing identity category in the enterprise.
Oasis sells software that finds and manages credentials used by machines rather than people. That includes service accounts, APIs, bots and workloads that log in to corporate systems and often retain access long after a team knows why they exist. Oasis maps those identities, shows what they can reach, flags inactive accounts and excessive permissions, identifies misconfigured credentials and can rotate or remove credentials automatically.
For Cyera, the logic is straightforward: its core product identifies sensitive data and evaluates how that data is protected, while Oasis focuses on the machine identities requesting access. Cyera Chief Executive Yotam Segev said in a company blog post that data visibility is incomplete without knowing what can touch that data, and that identity data alone does not tell security teams what a requester can see. He also said agents are appearing faster than governance processes can keep up.
What is nonhuman identity security?
Nonhuman identity security covers the credentials and permissions used by software, infrastructure and automated systems to authenticate without a person signing in. The category matters because AI agents and cloud workloads can hold broad access to data and systems, creating risk even when no human account is compromised.
Oasis was founded in 2022 by Chief Executive Danny Brickman and Amit Zimerman, both alumni of Israeli military intelligence Unit 81. The startup had raised $190 million before the acquisition. Its latest financing was a $120 million Series B announced in March, led by Craft Ventures Management with participation from Cyberstarts, Sequoia Capital Operations and Accel Partners LP.
Brickman told Calcalist that the company had identified nonhuman identities early as a major security issue tied to the AI era. That positioning has become more valuable as security buyers look for ways to limit what automated agents can do across internal systems.
Cyera, founded in 2021 by Segev and Chief Technology Officer Tamar Bar-Ilan, has been expanding by acquisition as well as fundraising. It bought Trail Security for $162 million in 2024, acquired Ryft Data in April and Genie Security in May, and previously purchased Otterize and Shape AI. Its platform scans enterprise environments for sensitive information, checks how securely that data is stored and can address issues such as unencrypted records and weak access controls. Cyera also sells AI Guardian, which checks whether AI agents follow enterprise data policies.
The company has funding to support that acquisition pace. Cyera raised $600 million in June at a $12 billion valuation in a round led by Evolution Equity Partners, bringing its total capital raised to about $2.3 billion.
This story draws on original reporting from SiliconANGLE.
