Oasis Security raised $35M in a Series A extension led by Accel, Cyberstarts, and Sequoia Capital.
May 01, 2024•over 1 year ago
Amount Raised
$35 Million
Round Type
series a
Investors
Sequoia CapitalCyberstartsAccel
Description
Oasis Security, a Tel Aviv, Israel-based provider of Non-human Identity Management (NHIM) solutions, raised $35M in Series A extension funding. The company intends to use the funds to further invest in its R&D and Go-To-Market functions, accelerating the execution of its product roadmap and bringing its platform to more organizations.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech