Oak raises $60m to secure AI agent access rights
An Israeli startup has emerged from stealth with $60 million to replace outdated identity management systems that are struggling to control AI agents within corporate networks.
Oak, an Israeli startup co-founded by Shai Morag and Tal Marom, has launched a generally available product to govern identity access across organizations, backed by a $60 million seed round.
As companies integrate AI agents into daily operations alongside human staff, legacy cloud-era identity tools are becoming a liability. Poor identity access management is already a standard corporate vulnerability, but the shift toward automated machine actors gives attackers new avenues to exploit outdated credentials. For enterprises rushing to adopt AI, this creates a critical security blind spot.
Oak aims to replace these fragmented systems with an AI-native control plane. Instead of relying on periodic manual reviews, its framework maps access directly to actual application usage and revokes unnecessary permissions in real time. “Right now, the whole process is too manual, and it’s operations-based, not risk-based — for instance, there’s no trigger when an employee logs in from an unusual location,” Morag said.
The funding round, co-led by Accel, CRV, and Greylock Partners with participation from AlphaDrive Ventures and Hetz Ventures, highlights how venture capitalists are prioritizing foundational security infrastructure for the AI era. Accel partner Andrei Brasoveanu pointed to the difficulty of navigating complex enterprise organizations. “There’s complexity in the product, and there’s also complexity in the organizations you have to navigate to figure out how to sell something like this,” he said.
The capital raise reflects Morag’s established reputation in the sector. He previously sold cyber startup Secdo to Palo Alto Networks in 2018 and cloud identity firm Ermetic to Tenable for $265 million in 2023. “I knew he had it in him to build another company, but this time even bigger and even better,” Brasoveanu said.
Oak built a 50-person team in stealth and is hiring heavily, with plans to base most staff in the United States as it battles rivals in a market characterized by deep vendor lock-in. Morag, who left Tenable after CEO Amit Yoran passed away, views the scale-up as a final mission. “Our vision is to be born as a giant,” Morag said, adding: “I will go big or go home.”
