Per Silicon Angle, Oasis Security, an Israeli startup specializing in non-human identity management, has successfully raised $120 million in a Series B funding round. This capital infusion is earmarked for enhancing research and development initiatives and bolstering go-to-market strategies, including the expansion of its platform and sales operations.
Founded in 2022, Oasis Security focuses on securing machine identities like service accounts, APIs, and workloads, which are increasingly prevalent due to cloud infrastructure and AI systems. The company's platform discovers, classifies, and governs these non-human identities across enterprise environments. It integrates with cloud providers and identity systems to map machine identities to resources and privileges.
By analyzing authentication patterns and credential usage, the platform identifies dormant accounts, excessive permissions, and misconfigured credentials. This enables automated enforcement of access policies and lifecycle controls, helping to reduce exposure from unmanaged credentials. The company reports significant business with Fortune 500 companies, many of which are adopting agentic AI tools.
Source: Silicon Angle
