Oasis Security, a developer of Non-Human Identity and agentic access governance, this week announced $120 million in Series B funding led by Craft Ventures, with participation from existing investors Cyberstarts, Sequoia Capital, and Accel. It brings total funding to $195 million. The round reflects the rise of AI agents becoming embedded across enterprise infrastructure and the growing recognition that managing access in today’s evolving infrastructure requires a fundamentally new approach.
Agentic Access Management (AAM) is becoming essential as enterprises scale AI. With machine identities now outnumbering humans 82:1 (Palo Alto Networks), the systems designed to govern access were built for people, not autonomous systems. Oasis created a foundational layer for governing access across every machine identity under a single policy.
“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 Danny Brickman, CEO of Oasis. “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.”
The AAM platform gives enterprises control, enforcement, and full visibility over access to critical systems. The platform evaluates what each system is trying to do and grants only the access required to complete that task. Oasis secures every type of access, from vaulting and federation to ephemeral permissions, ensuring organizations maintain strict control over how systems interact with critical infrastructure.
“AI is reshaping enterprise infrastructure, and access has become one of the most important control layers in that transition,” said Michael Robinson, partner at Craft Ventures. “As AI agents proliferate, organizations need a fundamentally new approach to managing non-human identities and agentic access. Oasis has emerged as the clear leader in this category, and we are proud to partner with Danny, Amit, and the team as they build the platform defining access management for the agentic era.”
