Cyera agrees to acquire Oasis Security for $1B to safeguard proliferating AI agents
5:09 PM PDT · July 28, 2026
Data security company Cyera, which recently raised 12 billion valuation, announced Tuesday that it signed a letter of intent to acquire Oasis Security for approximately $1 billion in a deal expected to be paid mostly in cash, with the remainder in Cyera shares.
Oasis focuses on non-human identities, primarily AI agents. As the number of AI agents proliferates, companies must deploy cybersecurity software that monitors these agents’ behavior and grants them permission to access other software.
Founded in 2022, Oasis has raised about 120 million led by Craft Ventures with Cyberstarts, Sequoia Capital, and Accel; Cyera’s cash portion of the deal is estimated around $700 million.
The deal highlights a surging market for cybersecurity providers defending enterprises against AI-weaponized threats.
Cyera, which shares investors Accel and Cyberstarts with Oasis, has been on an acquisition spree, recently purchasing Index Ventures-backed Ryft and the less-than-one-year-old Genie Security.
Post-acquisition, Cyera plans to integrate Oasis’s technology into a unified identity and data security platform.
Although Cyera recently surpassed 2.3 billion in total funding.