Data security company Cyera will acquire Oasis Security for approximately $1 billion in a mostly cash deal to bolster its platform against threats from proliferating AI agents. Oasis, which focuses on non-human identity management, will be integrated into Cyera's platform. The deal highlights a surging market for AI-related cybersecurity and continues an acquisition spree for the $12 billion-valued Cyera.
Cyera acquisition of Oasis
- ▪Data security company Cyera signed a letter of intent to acquire Oasis Security for approximately $1 billion on July 28, 2026
- ▪The acquisition of Oasis Security will be paid for mostly in cash, with the remainder in Cyera shares
Nonhuman identity management challenge
- ▪The proliferation of AI agents requires companies to deploy cybersecurity software to monitor their behavior and manage permissions
- ▪The market for cybersecurity providers defending enterprises against AI-weaponized threats is surging
Oasis Security platform capabilities
- ▪Oasis Security's technology monitors the behavior of AI agents and grants them permission to access other software
- ▪Oasis Security, founded in 2022, focuses on securing non-human identities, primarily AI agents
Cyera data security platform
- ▪Cyera plans to integrate Oasis Security's technology into a unified identity and data security platform
- ▪Cyera has surpassed $150 million in annual recurring revenue (ARR) but is not profitable
Cyera acquisition strategy
- ▪Cyera recently acquired Index Ventures-backed Ryft and Genie Security, a company less than one year old
- ▪The acquisition of Oasis Security is part of Cyera's recent acquisition spree
Company funding rounds
- ▪Oasis Security has raised about $195 million from investors including Accel, Craft Ventures, and Cyberstarts
- ▪Cyera and Oasis Security share investors Accel and Cyberstarts
- ▪Cyera recently raised $600 million, reaching a $12 billion valuation, and has raised about $2.3 billion in total
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