Oasis Security, a cybersecurity startup that helps companies manage access to their systems from non-human accounts such as artificial intelligence agents, has raised $120 million from investors including Sequoia Capital and Accel.
The funding round was led by Craft Ventures, with Cyberstarts also participating, according to a company statement. The firm, which declined to disclose its valuation, has now raised $190 million.
The startup, with offices in New York and Tel Aviv, helps companies manage the security risks of so-called non-human identities such as AI bots and other automated work tools that have access to their systems. Businesses’ digital systems are growing increasingly complex with interconnecting applications and the onslaught of agentic AI tools capable of autonomously carrying out tasks on behalf of users.
Oasis said business with Fortune 500 companies, many of which are adapting to agentic AI tools, account for the majority of its sales. “An agent with full-blown access right now is as powerful as it gets,” Oasis Chief Executive Officer Danny Brickman said in an interview. Access like that “creates even more pressure on” the chief information security officer of a company, he said.
Brickman said he’s seeing Fortune 500 companies, particularly in the financial sector, moving to adopt AI agents more quickly than startups, a trend he described as a “huge surprise.” Firms are encouraging employees to use AI tools for everything from coding to scanning emails, he said.
The startup plans to use its latest funding to expand research and development, sales and go-to-market teams.
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