Israeli startup Oak has launched its identity management solution, securing $60 million in funding. The startup aims to address inadequacies in current identity access management (IAM) systems exacerbated by AI, offering a unified control plane for enterprises.
Oak, co-founded by Shai Morag and Tal Marom, recently emerged from stealth mode with its identity management solution. The startup has secured $60 million in seed funding, which will be allocated towards research and development as well as expansion.
As organizations integrate AI agents into their operations, traditional identity management methods have become insufficient. Oak aims to fill this gap by offering a more sophisticated alternative that allows for real-time management of permissions and access control.
The startup's product features an AI connector framework that assesses actual application usage to manage permissions effectively. This contrasts with typical periodic reviews, allowing businesses to respond promptly to unusual login events or changes in employee status.
Shai Morag and Tal Marom bring extensive experience in cybersecurity. Morag, previously involved with several successful startups, aims to position Oak as a leader in the identity management sector, noting the critical need for improved tools in light of evolving security threats.
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Israeli startup Oak has launched its identity management solution, securing $60 million in funding. The startup aims to address inadequacies in current identity access management (IAM) systems exacerbated by AI, offering a unified control plane for enterprises.