Protecting the Invisible Workforce: Oasis Secures $120 Million for AI System Defences
New York, Friday 20 March 2026
With machine identities now outnumbering humans 82 to 1, Oasis Security has raised $120 million to safeguard corporate networks against the unseen risks of autonomous AI systems.
The Escalating Challenge of Non-Human Identities
As enterprises increasingly integrate artificial intelligence into their daily operations, the cybersecurity landscape is undergoing a fundamental shift. While identity and access management (IAM) for human employees has been largely addressed by industry giants such as Okta, the next significant frontier lies in securing Non-Human Identities (NHIs), which include AI agents, databases, and automated systems [2]. The scale of this transition is vast; according to data from Palo Alto Networks, machine identities now outnumber human identities by a staggering ratio of 82:1 [1], though venture capital discussions occasionally round this figure to 80:1 [2].
Financial Backing and Market Expansion
To address this critical security vacuum, Oasis Security announced a $120 million Series B funding round on 19 March 2026 [1]. The investment was led by Craft Ventures, with notable participation from Sequoia Capital, Accel, and Cyberstarts [1]. Furthermore, the round marked the first official investment for Legion VC, which doubled down on its commitment alongside Artisanal Ventures [2]. This latest capital injection brings Oasis Security’s total funding to $195 million [1], indicating that the firm had previously secured 75 million in earlier financing rounds.
Architecting Agentic Access Management
Capitalising on this momentum, Oasis officially introduced its Agentic Access Management (AAM) platform on 18 March 2026, just a day prior to its funding announcement [1]. The AAM platform is engineered to deliver intent-based, just-in-time access for machines and AI agents, ensuring that enterprise systems are secured before any automated actions are executed [1]. The technology achieves this through a combination of vaulting, federation, and the issuing of ephemeral permissions, providing granular visibility over critical infrastructure [1].
Future-Proofing the Autonomous Enterprise
The newly acquired Series B capital is earmarked for aggressive strategic expansion. Oasis plans to direct the funds towards expanding its research and development capabilities for the AAM platform, broadening its integration across various enterprise systems and AI agent frameworks, and scaling its global sales operations [1]. By treating access management as a foundational requirement rather than an afterthought, the company aims to facilitate the rapid, secure scaling of AI technologies across the corporate sector [1].