Cybersecurity Startup Oak Raises $60 Million In Seed Funding

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AuthorVihaan Mehta|Published at:
Cybersecurity Startup Oak Raises $60 Million In Seed Funding

Israeli startup Oak has secured $60 million in seed funding to launch an AI-native identity management platform. The company aims to address security vulnerabilities that arise as AI agents increasingly interact with corporate applications. This funding round, backed by major venture capital firms, will support research, product development, and expansion efforts in the U.S. market.

Oak, an Israel-based cybersecurity firm, has officially entered the market following a $60 million seed funding round. The company is developing an AI-native platform designed to manage digital identities for organizations where both human employees and AI agents operate. As companies integrate more automated agents into their workflows, traditional identity and access management tools are often becoming outdated, leading to potential security gaps.

The core of Oak's technology is a unified control plane that acts as a central governance system for digital access. A primary feature of this platform is an AI connector framework that monitors real-time application usage. Unlike older systems that rely on periodic manual reviews of user permissions, Oak's software is designed to automatically identify and remove access rights that are no longer in use. This approach aims to reduce the risk of unauthorized access, particularly in environments where AI agents may inadvertently create or inherit excessive permissions.

The development of this platform involved feedback from over 100 Chief Information Security Officers and identity management professionals. The company's founders, Shai Morag and Tal Marom, are targeting the operational inefficiencies found in current security processes, such as the manual management of access logs and the lack of automated alerts for anomalous login activity.

The substantial seed investment was co-led by venture capital firms Accel, CRV, and Greylock Partners, with participation from AlphaDrive Ventures and Hetz Ventures. Investor interest in the startup is notably tied to the professional background of co-founder Shai Morag, who has a history of building and exiting cybersecurity companies. Morag previously founded Secdo, which was acquired by Palo Alto Networks in 2018, and later co-founded Ermetic, a cloud identity startup that was acquired by Tenable for $265 million in 2023.

Moving forward, Oak intends to allocate this capital toward research and development and to grow its presence in the United States, where it plans to station most of its workforce. For observers, the key monitorable will be the company's ability to demonstrate the effectiveness of its AI connector framework in large-scale enterprise environments. As the identity management sector faces increasing pressure to secure AI-driven workflows, the company's success will depend on its ability to integrate with diverse software ecosystems and prove its advantage over established legacy providers.

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