Oasis Security team (Oasis Security)
Oasis Security, an Israeli startup that offers non-human identity management (NIM) solutions, raised $35 million in a Series A round of funding led by Sequoia Capital. The company has now raised $40 million to date.
Non-human identity management (NIM) solutions are becoming increasingly important as the number of non-human identities, such as service accounts, API keys, tokens, and certificates, explodes in modern hybrid and multi-cloud environments. These identities lack the traditional usernames and passwords used by humans, and managing them manually is nearly impossible and exposes significant security risks.
There is a reason why cybersecurity startups are so valuable today. Hackers are not only motivated by money or politics. They often just like being malicious. So even small companies need to be on their guard and be sure to properly protect their systems.
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And what country is better suited to be the leading innovator in the world when it comes to this field?
Everyone knows that Israel has been at the forefront of security – all security – since its inception, from military innovations to cybersecurity. Now, combine that with Israel’s high-tech sector and the ability of Israelis to innovate and be problem solvers in just about any field.
Founded by CEO Danny Brickman and CPO Amit Zimerman, Oasis Security calls itself the “market leading platform for non-human identity management.” Its 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, explains Oasis Security.
Oasis Security is the first enterprise platform purpose-built to automate the lifecycle of non-human identities. Oasis 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 drastically shortening the time to detection and incident resolution.
“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.”
