Overview

Oasis Security specializes in managing Non Human Identities (NHIs) to enhance cybersecurity for enterprises. Their platform automates the onboarding, monitoring, and decommissioning of NHIs, which include devices, applications, and services that connect to an organization's network. This automation helps organizations efficiently manage NHIs at scale, ensuring strong security for their digital assets. Oasis Security's services are subscription-based and include features like auto-discovery of NHIs, lifecycle management, and posture assessment. What sets Oasis Security apart from competitors is its ability to provide contextual information and out-of-the-box remediation plans, which help organizations quickly address security issues. The company's goal is to improve the overall security posture of its clients while maintaining operational efficiency.

Simplify's Take

What believers are saying

• Increased demand for NHIM solutions boosts Oasis Security's market potential.
• Integration with Microsoft Active Directory enhances platform attractiveness for enterprises.
• $35 million Series A extension funding supports expansion and innovation.

What critics are saying

• Emerging startups in NHIM could threaten Oasis Security's market share.
• Rapid AI advancements may outpace Oasis Security's current platform capabilities.
• Integration challenges with non-Microsoft systems could limit platform adoption.

What makes Oasis Security unique

• Oasis Security specializes in Non Human Identity Management, a niche in cybersecurity.
• The company offers automated processes for onboarding, monitoring, and decommissioning NHIs.
• Oasis Security provides unique contextual insights and remediation plans for security posture issues.

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Funding

Total Funding

$75M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:

Accel

Notable Investors:

Accel

$35,000,000

Series A

May 2024

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Above Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$30M

$35M

View all funding stages