Startup Oasis Security Raises $120 Million From Craft, Sequoia

Oasis Security, a cybersecurity startup specializing in securing non-human account access, secured $120 million in funding led by Sequoia Capital and Craft Ventures. The Series B round targets AI-driven authentication, addressing rising threats from automated agents accessing corporate systems without traditional human oversight. The investment reflects growing demand for identity management solutions as enterprises integrate AI tools, bots, and IoT devices into workflows. Founded in 2022, Oasis focuses on zero-trust frameworks for machine identities, a niche market projected to expand rapidly with AI adoption. This funding follows a surge in cyberattacks exploiting unmonitored non-human accounts, positioning Oasis as a key player in next-gen access control.