Oasis Security, a Tel Aviv, Israel-based provider of non-human Identity Management (NIM) solutions, raised a total of $40m in funding.
The round led by Sequoia Capital (Doug Leone, Bogomil Balkansky), alongside Accel (Andrei Brasoveanu), Cyberstarts (Lior Simon) and Maple Capital. Guy Podjarny, founder of Snyk and Michael Fey, Co-Founder and CEO of Island, also participated in the financing.
The company intends to use the funds to expand operations and its business reach.
With modern systems and development teams now increasingly distributed, non-human identities, such as secrets, API keys, and RPA accounts, have surged creating a massive attack surface that legacy tools can’t manage. Oasis solves this critical security challenge by automatically discovering all non-human identities across all environments, providing holistic visibility, risk assessment with vulnerability auto-remediation and simplifying secret management compliance.
The company instantly provides holistic visibility with deep contextual insights on every non-human identity – who owns it, consumes it, what resources it grants access to and how privileged. The built-in Oasis Posture & Remediation Intelligence (PRI) module automatically identifies vulnerabilities, prioritizes the most severe issues, and generates remediation plans shortening the time to detection and incident resolution.
FinSMEs
31/01/2024