Identity management startup Oasis Security today announced raising $120 million in a Series B funding round that brings the total raised by the company to $195 million.
The fresh investment round was led by Craft Ventures, with additional support from previous investors Cyberstarts, Sequoia Capital, and Accel.
Founded in 2022, New York-based Oasis has built a non-human identity and agentic access governance platform that tackles the increased use of AI agents within enterprise environments.
As enterprise AI scales, Oasis is providing Agentic Access Management (AAM) capabilities for infrastructure-agnostic deployments, delivering just-in-time access and single policy control.
The AAM platform provides visibility, control, and policy enforcement across critical systems, ensuring that agents receive only the access they require to complete their tasks.
Oasis delivers unified discovery, lifecycle enforcement, and policy intelligence across hybrid environments, securing every type of access, from ephemeral permissions to vaulting and federation.
The company will use the new funding to deepen research and development (R&D), expand across AI agent frameworks, and scale go-to-market and sales teams.
“Cybersecurity is defined by how we protect against abnormal and risky events. In the era of AI, that definition is being reshaped by access. Agent value is defined by access, and so is modern risk. Every organization deploying AI agents is taking on access risks they can’t yet see. Oasis was built to change that,” said Oasis CEO Danny Brickman.
“We’re seeing this play out across our customer base: the organizations scaling AI fastest are the ones who treated access as a foundational requirement, not an afterthought. That’s the problem Oasis was built to solve,” Brickman added.
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