Israeli non-human identity management startup Oasis Security Ltd. announced today that it has raised $40 million in new funding to increase its headcount and to continue developing product capabilities.

Founded by Danny Brickman and Ami Timarman, both previous members of Israeli Intelligence Unit 81, Oasis Security offers a platform for managing non-human identities, such as service accounts, secrets, application programming interface keys, tokens and certificates that are prevalent in hybrid and multicloud settings. Non-human identities are said to outnumber human ones by a factor of 50 to one, meaning they create a vast attack surface vulnerable to malicious acts.

Oasis Security’s platform automates the lifecycle of non-human identities. Designed to be easy to integrate with major cloud and on-premise identity sources, the platform helps users understand who owns and consumes these identities, the resources they grant access to and their privilege levels.

A module in the platform called Posture & Remediation Intelligence is a key feature that automatically identifies vulnerabilities, prioritizes critical issues and generates remediation plans. The module shortens the time needed for detection and incident resolution, enhancing the cybersecurity posture of those using it.

Oasis Security’s platform does not tackle security alone but also offers governance and compliance assistance. The platform ensures that non-human identities and their related elements adhere to regulatory standards and organizational policies, with support for various cybersecurity and legal requirements and frameworks.

“Non-human identities have grown exponentially and become the weak link in enterprise cybersecurity,” Chief Executive Officer Brickman said in a statement. “The compromise of a single service account or token could allow a malicious actor to delete an entire cloud environment. Traditional human identity and secrets management tools can’t handle the scale and complexity of non-human identities, leaving most organizations flying blind and severely exposed.”

Sequoia Capital led the venture capital round, with Accel, Cyberstarts Ventures Ltd., Maple Capital Partners LLC and various individual investors — including Guy Podjarny, founder of Snyk Inc. — also participating. “Identity is the new perimeter, and non-human identity is the gaping hole in that perimeter,” said Sequoia partner Bogomil Balkansky.

Sequoia has been an early investor in companies including PayPal Holdings Inc., Google LLC, Oracle Corp., Stripe Inc., Airbnb Inc., WhatsApp and YouTube. Also, previous members of Israel’s Intelligence Unit 81, founded Wix.com Ltd., Innoviz Technologies Ltd., ForeScout Technologies Inc. and Cybereason.

Image: Oasis Security