Acquisition

Cyera signs letter of intent to buy Oasis Security for about $1 billion

Jul 28, 20263 sources7 of 7 claims verifiedNotable signal

Deal value: $1.0B
Place in VP50: #42
Sources: 3
Claims verified: 7 of 7

What happened

AI summaryWritten from 3 sources, checked claim by claim

Cyera, a data security company, announced on July 28, 2026 that it had signed a letter of intent to acquire Oasis Security for approximately $1 billion. TechCrunch reported that the price was expected to be paid mostly in cash, with the remainder in Cyera shares, and did not give the split. Calcalist Ctech estimated the cash portion at about $700 million. CRN reported that Cyera confirmed the $1 billion figure to it. None of the three reports gave a closing date.

Oasis Security is an Israeli startup founded in 2022 that focuses on non-human identities, primarily AI agents. TechCrunch and Calcalist both put its total funding at about $195 million. Calcalist said that included a $120 million Series B announced in March and led by Craft Ventures. TechCrunch said Cyera had recently raised $600 million at a $12 billion valuation, and Calcalist said that round was expected to help finance the acquisition. TechCrunch reported that Cyera planned to integrate Oasis technology into a unified identity and data security platform.

Key points

Letter of intent signed to buy Oasis Security for approximately $1 billion, announced July 28, 2026¹²³
Price mostly in cash, the rest in Cyera shares; Calcalist estimated the cash part at about $700 million¹²
Oasis has raised about $195 million in total, including a $120 million Series B in March¹²³
Cyera recently raised $600 million at a $12 billion valuation¹²³

Why it matters

Price for a private target

The deal puts a roughly $1 billion price on Oasis, a company that reported about $195 million of total funding. It gives a transaction reference for how a buyer valued a security startup of this kind.

Part paid in Cyera stock

Some of the price goes to Oasis holders as Cyera shares, so part of their proceeds stays tied to a private company. The source reports gave no share count or price per share.

Identity added to data security

TechCrunch reported that Cyera planned to integrate Oasis technology into a unified identity and data security platform. That widens what the buyer sells, though no revenue figure for Oasis was reported.

In context

Cyera priced rounds
Round	Date	Post-money valuation	Raised	Led by
Series B	Jun 27, 2023	$500M	$100M	Accel
Series C	Apr 9, 2024	$1.4B	$300M	Coatue
Series D	Nov 20, 2024	$3.0B	$300M	Accel and Sapphire Ventures
Series E	Jun 11, 2025	$6.0B	$540M	Georgian, Greenoaks, and Lightspeed Venture Partners
Series F	Jan 8, 2026	$9.0B	$400M	Blackstone
Series G	Jun 10, 2026	$12B	$600M	Evolution Equity Partners

Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated Oct 15, 2026

Fact-check

Cyera announced on July 28, 2026 that it signed a letter of intent to acquire Oasis Security for approximately $1 billionConfirmed by [1] TechCrunch (July 28, 2026): Cyera announced it signed a letter of intent at approximately $1 billion; [2] Calcalist Ctech: signed LOI, about $1 billion; [3] CRN: Cyera confirmed the $1 billion figure.Verified
The price is expected to be paid mostly in cash, with the remainder in Cyera sharesConfirmed by [1] TechCrunch and [2] Calcalist Ctech; TechCrunch does not give the split.Verified
Calcalist Ctech estimated the cash portion at about $700 million[2] Calcalist Ctech: the cash portion is estimated at around $700 million. The post presents it as Calcalist's estimate; [1] and [3] give no cash amount.Verified
Oasis Security is an Israeli startup founded in 2022 focused on non-human identities, primarily AI agents[1] TechCrunch: founded in 2022, focuses on non-human identities, primarily AI agents; [2] Calcalist Ctech: Israeli startup, founded in 2022; [3] CRN: Oasis launched in 2022.Verified
Oasis Security has raised about $195 million in total, including a $120 million Series B in March led by Craft VenturesConfirmed by [2] Calcalist Ctech: about $195 million total and a $120 million Series B in March led by Craft Ventures; [3] CRN: $120 million Series B in March, $195 million total; [1] TechCrunch: about $195 million raised.Verified
Cyera recently raised $600 million at a $12 billion valuation, a round expected to help finance the acquisitionConfirmed by [1] TechCrunch and [2] Calcalist Ctech (which says the round is expected to help finance the deal); [3] CRN dates the round announcement to June.Verified
No closing date was reported[1] TechCrunch does not say when the deal is expected to close; [2] and [3] give no closing date either.Verified

Sources

[1]TechCrunch (opens in a new tab)Cyera agrees to acquire Oasis Security for $1B to safeguard proliferating AI agentssigned a letter of intent to acquire Oasis Security
[2]Calcalist Ctech (opens in a new tab)Cyber unicorn Cyera acquires Oasis Security in $1 billion dealThe cash portion is estimated at around $700 million.
[3]CRN (opens in a new tab)5 Things To Know About Cyera's Deal To Acquire Oasis SecurityCyera confirmed the figure when reached by CRN Tuesday.