Oak Emerges from Stealth with $60M to Solve the Identity Crisis Fueled by AI Agents

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Backed by $60M in funding, Oak steps out of stealth to fix the identity mess that AI agents are making worse
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The New Frontier of Identity: Why Traditional IAM is Failing in the Age of AI

For decades, the corporate security perimeter was defined by physical access cards. If you had the badge, you had the access. However, as the modern workplace shifts toward a hybrid ecosystem where human employees collaborate daily with autonomous AI agents and sophisticated software bots, these legacy identity frameworks are crumbling. The tools designed for the early cloud era simply cannot keep pace with the complexity of non-human digital identities.

Bridging the Security Gap with Oak

Enter Oak, an Israeli cybersecurity startup that has officially emerged from stealth mode to address this critical infrastructure failure. Founded by serial entrepreneur Shai Morag, the company has spent its development phase engineering a unified control plane designed to govern identity across the entire organizational stack. By centralizing oversight, Oak aims to provide a cohesive security layer that manages both human and machine access in real-time.

The company’s arrival is marked by significant financial backing, having secured $60 million in seed funding late last year. While Oak has opted to keep its specific client list confidential, the platform is already fully operational and currently deployed within several large-scale enterprise environments.

The AI-Driven Identity Crisis

Identity and Access Management (IAM) has long been a primary target for cybercriminals. Weak credentials and fragmented access controls are the “low-hanging fruit” of the security world. With the rapid integration of generative AI and autonomous agents, the attack surface has expanded exponentially. Attackers are now leveraging AI to automate the exploitation of these identity vulnerabilities, making traditional, siloed security tools obsolete.

Consider the current landscape: according to recent industry reports, over 70% of security breaches are linked to compromised credentials or mismanaged access rights. As AI agents gain the ability to perform tasks, access databases, and execute code, the risk of “identity sprawl”-where machine identities outnumber human ones-becomes a massive liability. Oak positions itself as an AI-native solution, built specifically to replace the disjointed legacy systems that have failed to provide a consolidated defense against these modern, automated threats.

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