Cyera Buys Oasis Security in $1Bn AI-Security Deal

Cyera has signed a letter of intent to acquire Oasis Security in a deal valued at $1 billion. This acquisition follows Cyera's $600 million funding round at a $12 billion valuation earlier in 2026. Oasis Security specializes in managing and securing non-human identities, including accounts controlled by AI agents and machine processes. This threat category has grown rapidly inside enterprise environments. In fact, the number of non-human identities inside Fortune 500 companies has risen by nearly 500% in the past six months. Cyera's platform monitors data access and movement, while Oasis Security adds non-human identity governance capabilities. The combined platform aims to give enterprises a single system to track what every identity, human or machine, can access and what every AI agent can do with that data. This deal ranks as the second-largest cybersecurity transaction of 2026. This matters because it addresses a critical and growing blind spot in enterprise security, especially with the rise of AI agents.