Israeli Startup Oak Raises $60M to Revolutionize AI Security with Identity Management

Israeli startup Oak is making waves in the identity management space with its AI-powered security solution. The company, co-founded by serial entrepreneur Shai Morag, addresses the growing need for robust identity verification in a world where humans work alongside machines and AI agents. Oak's AI-native platform dynamically optimizes access permissions, reducing security risks. Morag, who has a background in cybersecurity and multiple exits, secured $60 million in seed funding led by Accel, CRV, and Greylock Partners. The company plans to invest heavily in R&D and expansion, particularly targeting the U.S. market. Oak's team has grown to 50 employees, with a focus on hiring in the States. The startup aims to set a new standard in AI-driven identity management, positioning itself as a competitor to legacy systems. How Oak's AI approach will reshape the identity management landscape remains to be seen.