Israeli cybersecurity firm Oasis Security has raised $120 million in new funding as it seeks to expand a platform focused on securing non-human identities, an area that has become a growing concern for large enterprises rushing to automate operations and deploy AI-driven services. The financing round, reported by Globes in an article titled “Israeli co Oasis Security raises $120m,” underscores continued investor appetite for security technologies aimed at protecting cloud infrastructure and machine-to-machine access even as financing remains more selective across the broader tech sector.
Oasis Security’s approach centers on monitoring and controlling the accounts, credentials and access paths used by workloads and services rather than by employees. These identities include applications, scripts, bots, containers and other automated processes that increasingly act on sensitive data or connect to business-critical systems. As organizations rely more heavily on cloud-native architectures, the number of such identities can multiply quickly, often outpacing the oversight tools designed for traditional, human user accounts. Security teams have warned that the resulting gaps create attractive opportunities for attackers to move laterally, escalate privileges or maintain persistence without triggering standard alarms.
The latest funding will be used to scale product development and go-to-market efforts, according to details cited by Globes, as Oasis positions itself in a competitive segment that intersects identity security, cloud security and enterprise governance. Non-human identity management is drawing attention because it addresses a fundamental mismatch in modern IT: while companies can mandate password policies and multi-factor authentication for employees, the credentials used by services are frequently hard-coded, long-lived, broadly privileged or poorly documented. When these credentials are leaked or misconfigured, an attacker can gain high-impact access with limited likelihood of detection.
Oasis Security’s raise comes amid heightened scrutiny of cloud breaches tied to exposed keys, over-permissioned roles and unmanaged service accounts. Researchers and incident response teams have repeatedly pointed to the speed at which automated identities are created and retired as a key operational challenge. In many environments, engineering teams spin up services rapidly to meet business needs, leaving security leaders to reconcile governance with continuous deployment. Vendors in this space argue that the only practical way to manage the sprawl is through continuous discovery and risk-based controls that can be integrated into cloud operations.
Israel has long been a hub for cybersecurity startups, and this round adds to a pattern of capital flowing to firms with platforms aimed at modern infrastructure and identity. Investors have been looking for products that can demonstrate clear returns by reducing breach exposure, simplifying compliance and limiting the blast radius of compromised credentials. The emphasis on non-human identities also reflects how the security perimeter has shifted: as enterprise applications become distributed across cloud providers and SaaS services, access control is increasingly about managing what software can do, not just what people can do.
For Oasis Security, the challenge will be translating heightened awareness into sustained adoption, particularly among the largest enterprises that already use multiple security tools. Success will likely depend on how seamlessly the company can integrate with existing identity providers, cloud platforms and developer workflows, and whether it can deliver measurable reductions in risky permissions and credential exposure without slowing down engineering teams. As Globes’ report highlights through the scale of the raise, backers are betting that non-human identity security will become a core layer of enterprise defense, not a niche add-on, as automation and AI continue to reshape how organizations operate.
