Israeli-founded data security unicorn Cyera announced on Tuesday that it has agreed to buy local cybersecurity startup Oasis Security in a deal valued at $1 billion.

Cyera said the acquisition will bolster its data security platform by integrating data protection with Oasis’s technology for managing and securing non-human identities, as companies rapidly integrate artificial intelligence agents and autonomous tools into existing software systems and workflows, which increases data leakage and other risks.

Founded in 2022 by Danny Brickman, CEO, and Amit Zimerman, CPO, both veterans of Unit 81 — the Israel Defense Force Intelligence Corps’ Technological Unit that supplies cutting-edge technologies to the security establishment — Oasis was created to build a software platform for managing and securing machine identities.

The platform helps companies discover, manage and control access to their systems from non-human accounts, such as AI agents, as non-human identities will soon outnumber human users, the startup said.

Backed by large venture capital funds Accel, Cyberstarts, Sequoia Capital and Craft Ventures, Oasis has raised more than $195 million in funds to date.

“From day one, we recognized that non-human identities would become one of the key security challenges of the AI ​​era,” said Brickman. “While Cyera redefined data security, we redefined identity governance for the AI ​​age.”

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