Tiny, the Victoria, British Columbia holding company listed on the Toronto Stock Exchange, announced on October 6, 2026 that it had completed the purchase of the assets that make up Oso Cloud, the authorization software product built by New York startup Oso. The deal closed on October 1.
Tiny paid about C$1.9 million (about $1.3 million) in cash from its balance sheet. Roughly C$1.2 million was paid at closing and about C$0.7 million is being held back to cover transition services and adjustments under the purchase agreement.
The company behind the product split in two. Co-founder and CEO Graham Neray and other members of the Oso team joined Temporal Technologies, the open-source execution platform, to work on authorization for AI agents. Tiny CFO Mike McKenna told BetaKit that a "small but dedicated team" is staying with Oso Cloud under Tiny's ownership.
What Oso built
Graham Neray and Sam Scott, who served as CTO, founded Oso in 2018. The company started with an open-source authorization library, with pre-built integrations, guides and its own policy language, which let developers write rules for who can see and do what inside their applications.
It later launched Oso Cloud, a hosted authorization service, and more recently extended it to controlling what AI agents can do with the access they inherit from users. Oso's research, cited by Temporal, found that 96% of permissions granted in organisations go unused.
At closing, Oso Cloud had about 80 customers in security, fintech and developer software, all on recurring subscriptions and several on multi-year contracts. Tiny put the product's annual recurring revenue at about C$5.3 million, converted from US dollars at a rate of 1.42, which is roughly $3.7 million.
“Controlling access to sensitive data and critical systems is fundamental to how large enterprises operate securely.”
The founders and the funding
Oso raised a $2.7 million seed round in 2019. In March 2021 it announced an $8.2 million Series A led by Sequoia, with SV Angel, Company Ventures, Highland Capital and angel investors taking part. At the time it had nine employees and planned to open a New York office.
In June 2023 the company raised a further $15 million, a round several databases attribute to Felicis Ventures as lead. Oso's own careers page puts total funding at $26 million.
The C$1.9 million price is a small fraction of the roughly $26 million investors put into the company. Neither Tiny nor Temporal said how proceeds would be distributed to Oso's shareholders.
Why Tiny and Temporal each took a piece
Tiny, co-founded by Andrew Wilkinson and Chris Sparling, buys mostly digital businesses to hold for the long term. Its portfolio includes the film app Letterboxd and a DJ software maker. Oso Cloud appears to be its first enterprise security business. With Oso, Tiny said its pro forma annual recurring revenue rises about 7.6%, from C$70.0 million to roughly C$75.4 million.
Tiny CEO Austin Singhera said controlling access to sensitive data and critical systems is basic to how large companies operate, and that Tiny planned to support Oso's existing customers and win new ones. McKenna called agent security a "prime opportunity" for the business.
Temporal, which raised a $550 million Series E in September 2026, is building fine-grained authorization into its platform so that an agent's identity and permissions travel with it as it calls tools and moves data between services. Temporal co-founder and CEO Samar Abbas said Oso's expertise would put those controls in developers' hands faster. Neray, now described as Oso's founder and former CEO, said the team was joining Temporal to speed up its work on agent authorization.
What happens to customers
Tiny said it will continue to run Oso Cloud and support its existing customers. Temporal's announcement did not describe any plans for the Oso product and did not disclose financial terms for bringing on the team.
