Oasis Security, New York City, New York, United States: Oasis Security

Company: Oasis Security
Nomination Submitted by: Lumina PR
Company Description: Oasis Security is the first enterprise platform designed to secure the entire lifecycle of Non-Human Identities (NHIs), which are proliferating rapidly across enterprise environments. According to ESG research, NHIs outnumber human identities by a factor of 20 in most enterprises, adding significant security challenges.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Tech Startup of the Year- Software
2024 Stevie Winner Nomination Title: Oasis Security
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2023, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

     

  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 172 words used.

    Oasis Security provides the first enterprise platform purpose-built to secure the complete lifecycle of Non-Human Identities (NHIs). Today, NHIs outnumber human identities on average by a factor of 20x in enterprise environments, according toESG research. The Oasis platform addresses the unique security and operational challenges of NHIs, enabling users to bolster security posture, implement robust governance, and simplify compliance. Oasis leverages AI-based analytics to automatically discover NHIs, assess their risk, and identify their owners. With its integrated, policy-driven governance capabilities, Oasis orchestrates the lifecycle of NHIs, including vulnerability remediation, secret rotation, decommissioning and compliance management, all within a single solution. Organizations use Oasis to foster innovation and collaboration among security, identity, and engineering teams. By offering a solution that integrates seamlessly into developers’ workflows while ensuring compliance and visibility for security teams, Oasis helps bridge the gap that often exists between these disparate teams. Oasis’ platform prioritizes ease of use and integration, allowing developers to streamline processes while providing security teams with the tools they need to maintain control and compliance.

     

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2023 that you wish to bring to the judges' attention (up to 250 words):

     

    Total 245 words used.

    Since its founding in 2022, Oasis Security has achieved remarkable growth as the leading provider of Non-Human Identity Management solutions. Just three months after emerging from stealth, the company raised a Series A Extension of $35 million, effectively doubling its Series A valuation. To date, Oasis has raised a total of $75 million in funding. This strong investor backing, along with the adoption of the Oasis platform by several Fortune 500 companies, reflects the industry demand for NHIs in modern business operations, and Oasis’ leadership in this area. Oasis’s leadership was further recognized with the Fortune Cyber60 award, solidifying its impact in the cybersecurity space.

    Over the last few years, Oasis has brought unique innovations to the market:

    • NHI Discovery Engine: Oasis places NHI discovery at the core, identifying all NHIs, including service accounts and IAM roles, enabling full visibility and proactive risk management.
       
    • Context Reconstruction Engine (CRE): A patent-pending tool that uses AI/ML to map each identity’s usage, privileges, and access patterns, improving risk detection and policy analysis.
       
    • Secret-to-Identity Correlation (Coming Soon): Maps stored secrets to corresponding identities, ensuring secure and efficient secret management without exposing sensitive data.
       
    • Ownership Discovery Engine: Uses ML to identify NHI owners, enabling organizations to assign lifecycle management actions with clear accountability.
       
    • Policy-Driven BYOI Orchestration Engine: Standardizes security policies across assets, automating remediation and minimizing third-party risks.
       
    • ILM Workflows for Secure NHI Management: Offers comprehensive workflows for tasks like safe rotation, monitoring, offboarding, recertification, and decommissioning of stale NHIs.

     

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

     

    Total 226 words used.

    Oasis Security stands out as the first enterprise platform specifically designed to address the unique challenges of managing Non-Human Identities (NHIs) across hybrid cloud environments. Unlike other solutions, Oasis takes a comprehensive approach by ensuring visibility, security, and governance across the full NHI lifecycle. What makes Oasis unique is its use of advanced AI-based analytics to automatically discover NHIs, assess their risk, and identify their owners throughout the environment. This proactive approach helps organizations manage and secure NHIs effectively, reducing the risk of cyber incidents. Oasis also integrates policy-driven governance capabilities to orchestrate the entire NHI lifecycle, including remediation and compliance management, all within a single platform. Oasis offers a comprehensive, automated, and integrated approach to NHI security. This positions Oasis as a leader in NHI management, setting it apart from competitors whose solutions do not fully address the complexities of securing NHIs across modern hybrid cloud environments. Organizations use Oasis to foster innovation and collaboration among security, identity, and engineering teams. By providing a solution that integrates seamlessly into developers’ workflows while ensuring compliance and visibility for security teams, Oasis helps bridge the gap that often exists between these teams, driving strong interdepartmental relations and enabling collaborative efforts. Oasis’ platform prioritizes ease of use and integration, empowering developers to streamline processes while providing security teams with the tools they need to maintain control and compliance. 

     

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

     

    Total 174 words used.

    Oasis Security is pioneering Non-Human Identity Management (NHIM) solutions with the first enterprise platform specifically designed to manage the entire lifecycle of NHIs, addressing a critical and often overlooked aspect of cybersecurity. The materials below demonstrate Oasis Security’s industry-leading approach to NHI management:

    Oasis Security has experienced rapid growth and solidified its position as a leader in the field after securing significant funding and adoption by several Fortune 500 companies. This demonstrates strong market demand and an effective platform. These documents highlight Oasis Security’s rapid market adoption and the demand from large enterprises: 

    Oasis Security prioritizes continuous research and development to enhance its platform, delivering value through updates such as the new NHI Ownership Discovery Engine, NHI attestation processes, and NHI Threat Detection and Response (NHITDR) capabilities. The document below showcases Oasis Security’s recent launch:  

     

Attachments/Videos/Links:
Oasis Security
URL [REDACTED FOR PUBLICATION]