Token Security Is an Innovation Sandbox Finalist. Here Is What That Means for AI Agent Governance.

The Innovation Sandbox Pick Nobody Expected RSAC 2026 selected Token Security as one of ten Innovation Sandbox finalists, presenting on Day 1 (March 23). The program has a strong track record -- previous winners include Wiz, Apiiro, and Abnormal Security, each worth billions today. Token Security is not a governance vendor in the traditional sense. They are building identity security purpose-built for non-human identities (NHIs) -- the AI agents, service accounts, API keys, and machine credentials that are rapidly outnumbering human users in enterprise infrastructure. Their thesis is straightforward: traditional IAM was designed for humans, and the explosion of AI agents requires a machine-first identity architecture. They raised $28M in Series A funding led by Notable Capital in January 2026, and their Innovation Sandbox selection puts them in front of the largest security audience of the year. What Token Security Actually Does Token Security's platform operates at the identity layer