Oasis Security, a leading cybersecurity firm focused on Agentic Access Management (AAM), has successfully raised $120 million in a Series B funding round, increasing its total funding to $195 million. Led by Craft Ventures and joined by existing investors like Sequoia Capital, this investment highlights the critical need for innovative security approaches amid a rising number of machine identities, now outnumbering human ones 82 to 1. Oasis’s platform governs interactions between AI agents and enterprise systems, ensuring precise access for tasks. The funds will be used to enhance R&D for AAM, expand compatibility across frameworks, and scale sales operations. With significant growth in annual recurring revenue and a focus on multi-year agreements with Fortune 500 clients, Oasis is solidifying its position as a vital component of modern identity architecture. CEO Danny Brickman emphasizes that effective access management is essential in today’s AI-driven landscape, mitigating unseen access risks. For more information, consult RegTech Analyst.
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