AI agents don’t log in like people. That problem just sold for $1bn.

https://media.thenextweb.com/2026/07/oasis-cyera.avif

Every AI agent a company switches on needs an identity to log in and reach data. Enterprises now run millions of them, with almost no way to keep track. That gap just sold for $1bn.

The data-security firm Cyera has agreed to buy Oasis Security for around $1bn, the Wall Street Journal first reported. It is a cash-and-stock deal, roughly $700m of it in cash. The companies expect it to close later this year.

Buying the ‘non-human identity’ layer

Cyera knows what data a company holds, and what is sensitive. Oasis governs “non-human identities,” the accounts that machines and AI agents use to reach that data. Put the two together, Cyera says, and you get one system deciding what every human, machine and agent can see and do.

That is the pitch, and the timing is the argument. Non-human identities inside big companies grew nearly 500% in six...

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