Oasis Security’s platform is designed to manage non-human identities and control access across AI-driven enterprise environments, helping organizations secure machine activity at scale.
Oasis Security has raised $120 million in Series B funding to expand its platform for managing non-human identities and access across enterprise AI environments.
The round was led by Craft Ventures, with participation from Cyberstarts, Sequoia Capital and Accel, bringing the company’s total funding to $195 million.
The investment reflects growing enterprise demand for new approaches to access management as AI agents become more deeply embedded across infrastructure, according to an announcement. Oasis positions its platform as a foundation for managing “agentic access,” or how autonomous systems interact with enterprise environments.
Focus on non-human identity and AI-driven infrastructure
Oasis Security, founded in 2022, focuses on managing non-human identities, which the company said now outnumber human identities by a wide margin in enterprise environments.
The company said its Agentic Access Management (AAM) platform is designed to address this shift by providing centralized control over machine identities under a single policy framework. Key capabilities include just-in-time access, infrastructure-agnostic deployment and the elimination of standing permissions.
“Oasis was built to change that,” said CEO Danny Brickman, referring to the risks associated with unmanaged access in AI-driven environments.
The platform evaluates system activity and grants only the level of access required to complete a task, according to the company. It also secures multiple forms of access, including vaulting, federation and ephemeral permissions, while enforcing policy controls before actions are taken.
Enterprise traction and growth
Oasis said it has seen strong enterprise adoption, with new annual recurring revenue increasing fivefold year over year. The company serves large enterprise customers, with a majority of its client base drawn from the Fortune 500.
Most new revenue is tied to multi-year enterprise agreements, which the company said reflects how its platform is becoming embedded within customer identity architectures as an access management layer for AI infrastructure.
Investment to fund expansion and development
The Series B funding will be used to expand research and development for the AAM platform, as well as support integration with AI agent frameworks and enterprise systems. The company also plans to scale global sales and go-to-market operations.
Michael Robinson, partner at Craft Ventures, said the rise of AI agents is reshaping enterprise infrastructure and increasing the importance of access management as a control layer.
Oasis said the funding will support its broader goal of redefining access management for enterprises adopting AI at scale.