Cyera agrees to acquire Oasis Security for $1B to safeguard proliferating AI agents

Data security company Cyera has agreed to acquire Oasis Security for approximately $1 billion, mostly in cash with the remainder in shares, to enhance its capabilities in securing non-human identities and AI agents. Founded in 2022, Oasis specializes in monitoring behavior and managing access permissions for proliferating AI agents within enterprises. This acquisition follows Cyera's recent $600 million funding round at a $12 billion valuation and builds upon an active acquisition strategy that includes previous purchases like Ryft and Genie Security. Post-acquisition, Cyera intends to integrate Oasis's technology into a unified identity and data security platform.

(Source：TechCrunch)