Cybersecurity Startup Oak Raises $60 Million to Develop AI-Based Identity Management Platform
Translated & summarized from Calcalist by baba
Israeli cybersecurity startup Oak raised $60 million in seed funding to develop an AI-based identity and access management platform. Founded by Shay Morag and Tal Marom, Oak’s platform is already used by large companies and aims to address modern identity challenges including AI agents and automated systems. The funds will expand Oak’s teams in Israel and accelerate platform development to capture a multi-billion-dollar market opportunity.
The story in 6 lines · by baba
- Oak raised $60 million in seed funding led by Accel, Greylock, and Charles River Ventures.
- The AI-based platform manages identities and permissions across cloud, SaaS, and on-premises systems.
- Oak’s solution addresses modern identity challenges including AI agents and automated accounts.
- Founder Shay Morag has over 20 years of cybersecurity experience and multiple successful exits.
- Funds will expand Oak’s cybersecurity and AI teams in Israel and speed platform development.
- Oak’s platform builds a live identity map for real-time risk detection and lifecycle management.
Oak, a cybersecurity company founded by serial entrepreneur Shay Morag and CPO Tal Marom in December 2025, has secured $60 million in a seed funding round to build an AI-driven operating system for identity and access management in organizations. The round was led by Accel, Greylock Partners, and Charles River Ventures, with participation from Hetz Ventures, AlphaDrive Ventures, and strategic angel investors. Oak currently employs about 50 people across Israel and San Francisco, and its platform is already in use by large companies.
The investment will be used to expand Oak's cybersecurity and AI teams at its Israeli development center and accelerate platform development. Shay Morag, who has over 20 years of experience in cybersecurity and previously founded and sold three companies for a combined half a billion dollars, emphasized the significant market opportunity in identity management. He noted that major players like Palo Alto Networks and Cyera are acquiring companies in this space, highlighting its multi-billion-dollar potential.
Oak's platform addresses the growing complexity of identity management, which now includes not only human employees and contractors but also AI agents, service accounts, internal applications, and automated systems. Traditional identity management tools struggle to keep up with the dynamic nature of modern organizational environments, creating security vulnerabilities. Oak’s solution integrates with cloud applications, SaaS, on-premises, and internal systems, building a live identity map from raw system data to provide real-time risk detection and lifecycle management.
Morag stated, "We have dozens of customers and are pushing full throttle," adding that the company plans to continue raising funds and focus heavily on identity management expertise. Oak aims to deliver a significantly superior solution compared to existing players by investing heavily in building a robust platform that meets current market demands. The company’s technology enables security teams to identify risks in real time and manage identities more effectively, addressing one of the most sensitive attack surfaces in cybersecurity today.
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