Oasis Non-Human Identity Management platform, Oasis Security has raised $40 Million Funding led by Sequoia Capital, and participation from Accel, Cyberstarts and Maple Capital, Guy Podjarny, founder of Snyk, and Michael Fey, cofounder and CEO of Island.
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The funding will be used by Oasis Security to grow its operations and consumer base. Founded in 1972, Sequoia helps daring founders build legendary companies from idea to IPO and beyond. We aim to be the first true believers in tomorrow’s most valuable and enduring businesses.
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“Shifts in infrastructure and workloads have completely changed the identity stack. Non-human identities have grown exponentially and become the weak link in enterprise cybersecurity,” said Danny Brickman, Co-founder and CEO of Oasis Security. “The compromise of a single service account or token could allow a malicious actor to delete an entire cloud environment. Traditional human identity and secrets management tools can’t handle the scale and complexity of non-human identities, leaving most organizations flying blind and severely exposed. Oasis delivers a comprehensive yet easy-to-use solution that allows growth and security to go hand-in-hand.”
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“Identity is the new perimeter, and non-human identity is the gaping hole in that perimeter,” said Bogomil Balkansky, partner at Sequoia Capital. “We are excited to work with the Oasis team to solve one of the biggest challenges in cybersecurity today. The company has come out of the gate very strong and fast, signing up blue chip customers less than a year after it was founded, which is a testament to the latent demand for such a solution and to this team’s capabilities and commitment.”
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About Oasis Security
Founded by Danny Brickman and Amit Zimerman, Oasis Security is the market leading platform for non-human identity management. Our mission is to fortify cybersecurity defenses by enabling enterprises to efficiently secure non-human identities throughout their lifecycle. The shift to hybrid multi-cloud, microservices, agile development and AI-driven business process automation has led to the exponential growth of non-human identities, completely changing the identity fabric of enterprise environments.
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