Oasis Security, an Israel-based platform for non-human identity (NHI) management and security, has raised $120M in Series B funding led by Craft Ventures. The platform provides visibility, governance, and threat detection for service accounts, API keys, bots, and AI agents across hybrid multi-cloud environments. The capital will accelerate secured agentic access for enterprises adopting AI.
Agentic AI Drives NHI Funding Surge
The round comes amid rising investments in NHI security. Astrix Security raised $45M Series B in December 2024 for AI-era identity security. Oasis's Agentic Access Management (AAM) differentiates by enabling intent-based control for AI agents, addressing gaps in traditional IAM tools.
79% of Teams Lack NHI Confidence
Non-human identities now outnumber humans 100:1 in enterprises, creating blind spots. A Cloud Security Alliance survey found 79% of IT and security professionals lack confidence preventing NHI attacks. Teams take over 24 hours to rotate secrets after exposure, with 58% citing unclear ownership as the top delay.
Unified Platform Secures AI Agents
Oasis NHI Security Cloud offers inventory, ownership assignment, posture assessment, remediation, lifecycle management, and anomaly detection across AWS, Azure, GCP, Snowflake, GitHub, and OpenAI. Unlike workload-focused tools, it includes AI Security Posture Management (AI-SPM) for agent configurations and risks. Agentic Access Management enforces time-bound, intent-based policies without workflow disruption.
As Danny Brickman, Co-founder & CEO, emphasized in coverage:
"Oasis Security, a cybersecurity startup that helps companies manage access to their systems from non-human accounts such as artificial intelligence agents."
Craft Leads Elite Cyber Syndicate
Craft Ventures led the round, joined by Sequoia Capital, Accel, and Cyberstarts, bringing total funding to $190M. Craft's portfolio includes cloud security leader Upwind and compliance unicorn Vanta, signaling growth capital for Oasis's enterprise scale-up. Sequoia's early backing and Wiz investment underscore conviction in Israeli cyber innovators tackling AI identity risks.
NHI Market Doubles by 2029
The NHI access management market stands at $9.45B in 2024, projected to reach $18.71B by 2029 at 14.7% CAGR per MarketsandMarkets. Competitors like Entro Security ($24M raised) focus on secrets, while Aembit ($42M) targets workloads and Veza ($235M+) handles broader authorization. Agentic AI proliferation, with Gartner forecasting 50% of service requests AI-powered by 2030, drives demand for Oasis's specialized governance.
IDF Veterans Pioneer NHI Defense
Co-founders Danny Brickman (CEO) and Amit Zimerman (CPO) are Israel Defense Forces cybersecurity veterans with over 10 years in the field. Brickman's prior product strategy role at Buildots complements his IDF cyber R&D leadership. Recent sales hires from Okta, SailPoint, and BeyondTrust support enterprise expansion.
Scaling Agentic Access Post-Funding
Oasis plans to accelerate AAM development and integrations like CrowdStrike Marketplace. Ongoing hiring in sales and G&A, plus events like RSA, positions it for Fortune 500 growth. Customer wins include Mars, Citizens Financial, and Blue Cross Blue Shield, with outcomes like 60% attack surface reduction.