Cyera completes USD $1 billion Oasis Security deal

Cyera has completed its acquisition of Oasis Security in a deal valued at USD $1 billion.

The transaction brings Oasis's non-human identity management technology into Cyera's data security platform as companies face a sharp rise in machine and AI-driven accounts within corporate systems.

Cyera said non-human identities in Fortune 500 companies have grown by nearly 500% in the past six months, making them the fastest-growing identity category. These accounts include software workloads, APIs and AI agents that can access systems using valid credentials and act continuously without direct human oversight.

Growing identities

This shift is exposing a weakness in established security models built around human users and long-standing access permissions. In that model, access rights are often granted once and left in place for extended periods, even as systems, data and risk conditions change.

By combining data security with identity controls, Cyera aims to create a single system for deciding what employees, machines and AI agents can access. The enlarged business said this approach is intended to replace static permissions with checks based on the context of each action.

Oasis was founded in 2022 to focus on non-human identity, an area that has grown more prominent as businesses automate processes and deploy AI software in production environments. Its tools were designed to control which workloads and agents can access particular systems, under what conditions and for how long.

The acquired business will operate as Cyera Identity, a dedicated identity unit within Cyera's wider platform. Cyera said the structure will connect identity management directly with its data intelligence layer, with the aim of bringing data and identity governance together in one product.

Shifting priorities

The acquisition also reflects a broader shift in cybersecurity priorities as organisations try to understand what autonomous software can reach across their estates. While attackers remain a concern, companies are increasingly grappling with the risk that AI agents or automated workloads could take damaging actions without being compromised if they are given excessive access from the outset.

That concern has pushed identity management beyond human logins and employee directories. Security teams now need visibility into service accounts, machine credentials and software agents, along with controls that can adjust permissions as circumstances change.

Cyera, which is valued at USD $12 billion, has positioned itself around AI and data security for large organisations. Customers cited by Cyera include Paramount, Chipotle and Valvoline.

The rationale for the deal rests on the growing overlap between identity security and data protection. In practice, that means security systems need to determine not only whether an entity is trusted, but also which information it should be able to view, change or move at any given moment.

"The speed of this deal reflects a shared conviction that AI has changed the game, and the infrastructure to secure it has to move just as fast. We've spent years solving data at enterprise scale, and Oasis has done the same for non-human identity. Put those two things together and you get one system that decides what every agent can see and do, and that's exactly what we're building," said Yotam Segev, Co-founder and CEO, Cyera.

New chapter

For Oasis, the sale marks integration into a larger platform at a time when the market for non-human identity tools is still taking shape. Start-ups and established cybersecurity groups alike have been investing in software that can track and govern machine accounts, particularly as AI adoption increases the number of autonomous processes operating inside businesses.

Oasis said it had spent the past three years moving large companies away from standing permissions and towards a more dynamic access model. That work focused on ensuring software agents and workloads receive only the access needed for a given task rather than broad, indefinite permissions.

"Joining Cyera marks a new chapter for Oasis and for the customers we've built for. We built Oasis so enterprises could put AI to work on their most important systems and trust every decision it makes. Cyera shares that goal, and together we're positioned to deliver a single platform that governs identity and data as one. That's a win for every customer that has been forced to stitch those two things together until now," said Danny Brickman, Co-founder and CEO, Oasis.