Oasis Security

The problem: identities no one keeps track of

Alongside employees with a username and password, every organization runs thousands of automated services, scripts, API keys and scheduled processes, each with its own access permissions: non-human identities that no one keeps track of. A key created for a one-off project keeps existing for years after the project ended, usually with no defined owner and no periodic rotation. According to Palo Alto Networks data cited by Calcalist, they outnumber human users by a ratio of 82 to 1, an especially convenient entry point for an attacker, because no one notices when one of them is being used.

The rise of agents makes an old problem urgent

Oasis Security was founded in 2022 by Danny Brickman and Amit Zimerman. The rise of AI agents made the old identity gap urgent: an agent that acts on behalf of a user and takes actions in real systems is exactly such a non-human identity, except that it makes decisions on its own and changes its pattern of behavior according to circumstances. Oasis mapped all these identities, assigned each one a human owner, and managed their rotation and revocation, an approach the company called "Agentic Access Management."

The funding path to the exit

On the business side, it raised $35 million in a Series A in January 2024 and an extension of a similar amount in May of that year, and in March 2026 a $120 million Series B that brought its total funding to $195 million, according to two separate Calcalist reports on the two funding rounds.

What Cyera itself announced, and when the deal closed

On 28 July 2026, Cyera's CEO, Yotam Segev, published an announcement on the company's official blog titled "One Platform to Secure the Agentic Enterprise": "We’re acquiring Oasis Security to unify identity and data security into the most comprehensive platform for securing AI." On the same day, Oasis Security wrote on its own blog: "We have signed a letter of intent to be acquired by Cyera, and the transaction is now in the process of completion." In other words, at that stage this was a deal announced and agreed between the two sides, but not yet formally closed. In early September 2026 it was reported that Cyera had completed the acquisition of Oasis Security for about $1 billion, and since then the company has been part of Cyera.

An exit within the Israeli ecosystem

The Oasis case shows how an established field, identity and permissions management, took on new meaning with the arrival of autonomous agents, and how the Israeli cyber industry rushed to prepare for it: the acquirer, Cyera, is itself an Israeli company, so this large deal also stayed within the local ecosystem.