Cyera to buy Oasis Security for $1B to secure AI agents
What's the deal? Data security startup Cyera has agreed to acquire Oasis Security, a specialist in non-human identity security, for $1 billion. Cyera confirmed the price to CRN. The deal brings together two fast-growing, venture-backed startups: Cyera, founded in 2021, and Oasis, launched in 2022.
What's the endgame? Cyera wants to merge its data security capabilities with Oasis’s platform for non-human identity and access governance to build a “next-generation security platform,” Oasis co-founder and chief executive officer Danny BrickmanDealroom has a profile for this one. Try Dealroom → said in a post.
The combined system would show what sensitive data an organisation holds, then identify which humans, machines, and AI agents can access it. “Put those two things together and you get one system that decides what every human, machine, and agent can see and do,” Cyera co-founder and chief executive officer Yotam SegevDealroom has a profile for this one. Try Dealroom → wrote.
Why now? Oasis has grown quickly by discovering and securing non-human identities, including those created by AI agents. It has stood out for both non-human identity (NHI) visibility and AI governance, said James Hauswirth, global managing director for privileged access management at CyderesDealroom has a profile for this one. Try Dealroom →.
Oasis is “very clearly the front-runner in NHI,” Hauswirth said. He noted the platform is “purpose-built to solve for both your general, technical debt version of non-human identity, but also AI governance.”
The money: The two companies raised heavily before the deal. Cyera closed a $600 million round in June 2026 that valued it at $12 billion. Oasis raised a $120 million Series B in March 2026, bringing its total funding to $195 million since launch.
The signal: The acquisition reflects how quickly identity and data security are converging as AI agents multiply the number of non-human identities enterprises must track. By folding NHI governance into its data platform, Cyera is betting that access control for machines and AI agents becomes as central as protecting the data itself.