Cyera agrees to buy Oasis Security for $1B to govern AI agent access
Data security company Cyera signed a letter of intent to acquire Oasis Security, which manages non-human identities such as AI agents, in a deal Cyera put at $1B. Cyera plans to merge data and identity security into one platform.
Data security company Cyera signed a letter of intent to acquire Oasis Security, which manages non-human identities such as AI agents, in a deal Cyera put at $1B. Cyera plans to merge data and identity security into one platform. (SecurityWeek; TechCrunch; Infosecurity Magazine)
TechCrunch reported the price will be paid mostly in cash with the rest in Cyera shares; Calcalist, cited by SecurityWeek, put the cash portion at about $700M. Cyera recently raised $600M at a $12B valuation. Oasis, founded in 2022, has raised about $195M from investors including Accel, Craft Ventures and Cyberstarts. (SecurityWeek; TechCrunch; Infosecurity Magazine)