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Cyera Acquires Oasis Security for $1 Billion to Secure AI Agents and Non-Human Identities

🔄 Updated 1d ago
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Key points

  • Cyera is acquiring Oasis Security for $1 billion.
  • The deal includes $700 million in cash and the rest in shares.
  • Oasis specializes in securing non-human identities and AI agents.
  • The acquisition unifies identity and data security on Cyera's platform.
  • This addresses risks from proliferating AI agents in enterprises.

Acquisition Details

Data security company Cyera announced an agreement to acquire Oasis Security, an agentic access management provider. The acquisition is valued at $1 billion, with approximately $700 million to be paid in cash and the remaining portion in Cyera shares.

Focus on Non-Human Identities and AI Agents

Oasis Security specializes in developing a platform for non-human identity and agentic access governance. This technology is designed to manage the security challenges arising from the increasing deployment of AI agents within enterprise environments. Oasis's Agentic Access Management (AAM) technology provides visibility, control, and policy enforcement across critical systems for these non-human entities.

Integration and Platform Expansion

Cyera plans to integrate Oasis's capabilities into its existing platform, aiming to unify identity and data security. This integration will extend Cyera's platform to help customers manage emerging risks associated with AI agents by securing non-human identities. The combined system will govern what every human, machine, and agent can access and do.

Market Context and Previous Acquisitions

The deal highlights a growing market for cybersecurity providers focused on defending enterprises against AI-related threats. Oasis Security, founded in 2022, had previously raised approximately $195 million from investors including Accel, Craft Ventures, and Cyberstarts. Cyera has also made other recent acquisitions, including Index Ventures-backed Ryft and Genie Security.

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How outlets covered it

Data security company Cyera signed a letter of intent to acquire Oasis Security for approximately $1 billion, primarily in cash. This acquisition aims to integrate Oasis's technology for securing non-human identities, specifically AI agents, into Cyera's platform, addressing the growing need for cybersecurity solutions for proliferating AI agents.

Data security company Cyera is acquiring agentic access management provider Oasis Security in a $1 billion deal, with approximately $700 million paid in cash and the remainder in shares. This acquisition integrates Oasis's non-human identity and agentic access governance platform into Cyera's offerings, addressing security challenges posed by the increasing use of AI agents in enterprise environments.