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- Oasis Security
Oasis Security Acquisition, Valuation, Funding & Investors
Oasis Security was acquired by Cyera for $1B in July 2026, a 6.7x multiple on $150M of revenue.
Oasis Security revenue at acquisition
$150M
Last twelve months · Jul 2026
Oasis Security revenue multiple at acquisition
6.7x
EV/Revenue · Jul 2026
Cumulative funding Oasis Security raised
$195M
across 4 funding rounds
About Oasis Security
Oasis Security is a cybersecurity firm developing non-human identity management platforms that detect, assess risks, and remediate vulnerabilities for machine identities like API keys and service accounts. The solution automates compliance with standards such as NIST and ISO 27001. Headquartered in Tel Aviv, Israel, it serves enterprises in finance and tech, integrating with AWS, Azure, and Kubernetes environments.
Founded
2022
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$150M (Jul 2026)
Valuation
$700M (Mar 2026)
Oasis Security Acquisition
Oasis Security was acquired by Cyera for $1B on 27 July 2026.
The acquisition price implies a 6.7x revenue multiple on $150M of revenue.
Before the acquisition Oasis Security had raised $195M across 4 funding rounds.
Cyera agreed in July 2026 to acquire Oasis Security for approximately USD 1,000 million in a deal expected to be paid mostly in cash, with the remainder in Cyera shares; reporting also described the split as roughly USD 700 million cash and the balance in stock. Cyera had recently raised USD 600 million at a USD 12 billion valuation, and the acquisition was framed as a move to expand Cyera’s data-security platform into non-human identity and AI-agent governance. The strategic rationale for the deal was to add Oasis Security’s capabilities for securing non-human identities, including service accounts, access keys, tokens, API connections, and AI agents, to Cyera’s platform. Coverage described the transaction as part of broader cybersecurity consolidation driven by AI-agent proliferation and noted that Oasis was expected to operate as an independent unit inside Cyera after closing. Oasis Security was founded in 2022 and had raised about USD 195 million before the transaction, including a USD 120 million Series B in March 2026. Reports described the company as specializing in non-human identity security and agentic access management, with one estimate placing its valuation at about USD 700 million in its last funding round.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 27 Jul 2026 | Strategic M&A | $1B | 6.7x |
Oasis Security Valuation
Oasis Security is currently valued at $700M, based on its Series B in March 2026.
The $120M round was led by Craft Ventures, with participation from Cyberstarts, Sequoia Capital and Accel.
Oasis Security valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2026 | Series B | $700M |
Oasis Security Funding History
Oasis Security has raised a total of $195M across 4 funding rounds.
Oasis Security's first fundraising round was a $35M Series A in January 2024. The most recent completed round was a $120M Series B in March 2026.
Oasis Security funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2026 | Series B | Craft Ventures (lead); Cyberstarts; Sequoia Capital; Accel | $120M | $700M | - |
| May 2024 | Series A | Accel (lead); Cyberstarts (lead); Sequoia Capital (lead) | $35M | - | Oasis Security is an Israel-based cybersecurity company specializing in Non-Human Identity (NHI) management, providing a platform that discovers, assesses risks, and automates remediation for non-human identities like API keys, secrets, and RPA accounts across cloud environments. The company addresses security gaps in fragmented cloud and AI-driven systems where NHIs have proliferated, offering visibility, lifecycle automation, and compliance solutions beyond legacy tools. Founded by Danny Brickman and Amit Zimerman, Oasis targets enterprise customers including Fortune 500 firms facing challenges from AI agent adoption. This followed a $40 million round announced on January 31, 2024, also backed by Sequoia, Accel, Cyberstarts, and others including Maple Capital and angels like Guy Podjarny and Michael Fey. The funds supported expansion in solving NHI security gaps amid growing cloud complexity. Oasis has seen strong enterprise traction, with comments from customers like JLL highlighting improved security and governance. By 2025, the company launched the Agentic Access Management (AAM) Framework with Sequoia, addressing AI agent governance, amid explosive growth in AI adoption—Fortune 500 data showed 840x YoY AI-agent increase and 1,767% Copilot growth. A later $120M round was raised by March 2026 for AI-cloud NHI security. |
| Jan 2024 | Seed | Cyberstarts (lead) | $5M | - | Oasis Security, founded in 2022 by Danny Brickman and Ami Timarman from Israeli Intelligence Unit 81, emerged from stealth in January 2024 with $40 million in funding to address non-human identity management (NIM). The round included a $5 million seed and $35 million Series A, backed by Sequoia Capital, Accel, Cyberstarts, and Maple Capital, plus angels Guy Podjarny of Snyk and Michael Fey of Island. The platform automates the lifecycle of non-human identities like service accounts, API keys, and bots, which outnumber human identities 50:1 in cloud environments, providing visibility, contextual insights, and remediation via its Oasis Posture & Remediation Intelligence (PRI) module. Cyberstarts participated as an early investor, with General Partner Lior Simon highlighting the founders' mission to tackle cybersecurity pain points in non-human identities through customer dialogues with CISOs. Sequoia partner Bogomil Balkansky noted non-human identity as a critical gap in the identity perimeter, praising Oasis's rapid blue-chip customer wins. Accel partner Andrei Brasoveanu emphasized the team's spotting of cloud-driven growth in these identities and enterprise adoption. The funding supported Oasis's solution for securing machine identities amid hybrid multi-cloud complexities, where traditional tools fail at scale. Later in May 2024, Oasis raised an additional $35 million, and in March 2026, a $120 million Series B led by Craft Ventures brought total funding to around $195 million, with fivefold new ARR growth and majority Fortune 500 customers. |
| Jan 2024 | Series A | Sequoia Capital (lead); Michael Fey; Guy Podjarny; Accel; Maple Capital; Cerca Partners | $35M | - | Oasis Security is an Israeli cybersecurity startup founded in 2022 by Danny Brickman (CEO) and Amit Zimerman (CPO), focusing on Non-human Identity Management (NIM or NHIM) to secure service accounts, secrets, API keys, and other non-human identities that outnumber human ones 50:1 in cloud environments. The platform automates discovery, visibility, risk assessment, vulnerability remediation via its PRI module, and compliance for these identities, addressing gaps in traditional tools amid rising attacks on hybrid/multi-cloud setups. It integrates with major cloud and on-premise sources, targeting enterprise security challenges where compromised non-human identities can lead to full environment breaches. Around January 23-31, 2024, Oasis emerged from stealth announcing $40M total funding: a $5M seed and $35M Series A, led by Sequoia Capital (Doug Leone, Bogomil Balkansky), with Accel, Cyberstarts, Maple Capital, Guy Podjarny (Snyk founder), and Michael Fey (Island co-founder/CEO). A later May 1, 2024 Series A-II extension raised another $35M from the same group (Accel, Cyberstarts, Sequoia), bringing total raised to $75M; this doubled valuation from the prior August 2023 round. Funds support engineering and sales hiring across Israel, US, and Europe to accelerate platform development and sales. Traction includes blue-chip customers within <1 year of founding. The company had ~50 employees post-funding, operating in a nascent NHIM niche amid cybersecurity investor frenzy. Market context highlights non-human identities as the 'gaping hole' in the new identity perimeter, with rapid growth creating massive attack surfaces legacy systems can't handle. Investors cite strong early performance and latent demand. |
Who has invested in Oasis Security?
8 investors have backed Oasis Security across its funding rounds, including Accel, Sequoia Capital, Cyberstarts, Craft Ventures, Cerca Partners and Guy Podjarny.
Lead investors include Craft Ventures, Accel, Cyberstarts and Sequoia Capital.
Oasis Security Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Jan 2024 | ||
| 3 | Lead | Jan 2024 | ||
| 3 | Lead | Jan 2024 | ||
| 1 | Participant | Jan 2024 | ||
| 1 | Participant | Jan 2024 | ||
| 1 | Participant | Jan 2024 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialOasis Security Competitors
Oasis Security competitors include listed companies like NSFOCUS and Rapid7, and private ones like Aikido Security, Aqua Security, BigID and BlueVoyant.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $13M | - | $1B | 76.9x | ||
| Private | - | - | $1B | - | ||
| Private | $100M | - | $1B | 10.0x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $379M | $37M | $955M | 2.4x | ||
| Publicly listed | $860M | $63M | $836M | 1.3x |
Oasis Security Public Comps
Oasis Security is no longer listed, but its public comps include NSFOCUS, BeiJing Certificate, Yubico, Rapid7, Riskified, Asiainfo Security, Mitek Systems, Eastcompeace Tech, Red Violet and CANCOM.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $379M | $37M | 2.6x | 2.4x | 26.1x | 25.6x | |||
| $125M | ($12M) | 6.7x | - | (70.9x) | - | |||
| $226M | $19M | 3.3x | 3.2x | 39.7x | 25.6x | |||
| $860M | $63M | 1.3x | 1.3x | 17.4x | 6.8x | |||
| $345M | ($31M) | 1.8x | 1.6x | (20.3x) | 19.0x | |||
| $1.2B | ($11M) | 1.2x | 1.1x | (126.2x) | 339.7x | |||
| $180M | $37M | 4.1x | 3.7x | 19.9x | 11.2x | |||
| $197M | $26M | 4.8x | - | 36.4x | - | |||
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Common questions about Oasis Security
| When was Oasis Security founded? | Oasis Security was founded in 2022. |
| Where is Oasis Security headquartered? | Oasis Security is headquartered in New York City, NY, United States. |
| Is Oasis Security publicly listed? | No, Oasis Security was acquired by Cyera in July 2026. |
| Who acquired Oasis Security? | Oasis Security was acquired by Cyera in July 2026. |
| How much was Oasis Security acquired for? | Oasis Security was acquired for $1B in July 2026, a 6.7x revenue multiple. |
| What is Oasis Security's valuation? | Oasis Security was last valued at $700M in its Series B in March 2026. |
| How much funding has Oasis Security raised? | Oasis Security has raised $195M across 4 funding rounds. |
| What was Oasis Security's last funding round? | Oasis Security's last funding round was a $120M Series B in March 2026, led by Craft Ventures. |
| Who are Oasis Security's investors? | Oasis Security's investors include Cyberstarts, Sequoia Capital, Accel, Michael Fey, Guy Podjarny, Maple Capital, Craft Ventures and Cerca Partners. |
| Which companies are comparable to Oasis Security? | Companies comparable to Oasis Security include Aikido Security, Aqua Security, BigID, BlueVoyant, NSFOCUS and Rapid7. |
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