Oasis Security Raises $120M in Series B to Expand Non-Human Identity Platform

In a market drowning in noise, Oasis Security just pulled off the kind of round that makes people sit up and mute the room. $120M in Series B. Craft Ventures led it, with Cyberstarts, Sequoia Capital, and Accel coming back for another lap. Total funding now stands at $195M. For a company founded in 2022, that is not a polite nod from the market. That is conviction with a wire transfer attached.

What makes this one interesting is not just the number, though $120M tends to clear its throat pretty loudly. It is the problem Oasis Security chose to hunt. While plenty of the market was still obsessing over human users, Danny Brickman and Amit Zimerman were staring at the identities nobody notices until something breaks, gets breached, or starts behaving like an unpaid intern with root access and zero supervision. Non-human identities. AI agents. Service accounts. Tokens. The machine side of the house, where access has been multiplying faster than governance and faster than most security teams care to admit in public.

That is where the company name starts earning its keep. An oasis is supposed to be the place where chaos gives way to clarity. In enterprise identity, clarity is rare currency. Oasis Security built around unified discovery of non-human identities, the credentials tied to them, the resources they touch, and the permissions nobody remembers granting. Then it layered in agentic access governance, which is a clean way of saying AI agents should get the access they need for the moment they need it, not permanent backstage passes to the whole venue.

That distinction matters because enterprises are racing to push AI into workflows, infrastructure, SaaS environments, DevOps pipelines, and customer operations. Everybody wants the upside. Fewer people want to talk about the fact that non-human identities already sprawl across the environment like weeds through concrete. Oasis Security is meeting that moment with discovery, audit and certification workflows, right-sizing, secret rotation, inactive identity cleanup, and ownership controls that turn access from a vague hope into an enforceable system. Less guesswork. Less standing privilege. Less “who approved this?” after the damage report lands.

The market is responding because the pain is real. Oasis Security says it serves dozens of Fortune 500 companies, and this round will push deeper into research and development for the Oasis Agentic Access Management platform while scaling global sales and go-to-market. That is the tell. Customers are not buying a nice-to-have dashboard. They are buying a way to let AI move faster without letting risk sneak in wearing a machine badge and a trusted credential.

Congratulations to Danny Brickman, Amit Zimerman, and the entire Oasis Security team for building in the part of cybersecurity that is getting more urgent by the quarter. Congratulations as well to Craft Ventures, Cyberstarts, Sequoia Capital, and Accel for backing a company that understands where enterprise risk is headed before the rest of the market finishes naming it. When capital, timing, and product line up around a problem this sharp, the real question is not whether non-human identity governance matters. It is how many enterprises can afford to keep learning that lesson the expensive way.