Obsidian Security Raises $85M: Securing AI Agents

Obsidian Security has raised an $85 million Series D funding round, bringing its post-money valuation to $1.1 billion. This comes as companies increasingly need to secure autonomous artificial intelligence agents accessing cloud applications. The funding will expand research and development and accelerate go-to-market investments. This is critical because organizations are rapidly adopting AI agents that interact with enterprise software using non-human identities. The company has seen significant growth, with over 14 customers paying more than $1 million annually. Over 65% of their enterprise customers have already given AI agents access to data within third-party software-as-a-service applications. This creates new security challenges that traditional identity and access management systems weren't built for. The bottom line is that as AI agents take on more tasks, new cybersecurity approaches are needed to manage and control these non-human identities.