Israeli cybersecurity startup Oak emerged from stealth on July 15 with $60 million in seed funding to build what it calls the security industry’s Identity Operating System. The AI-native platform replaces fragmented legacy identity governance tools with a single, continuously updated control plane that governs every identity across an organization: human, machine, and AI agent.
The round was co-led by Accel, Greylock Partners, and CRV, with participation from Hetz Ventures, AlphaDrive Ventures, and strategic angel investors. Oak says its product is already generally available and deployed across enterprise customers.
The Founding Team
CEO Shai Morag is a serial cybersecurity entrepreneur with three prior exits. He founded Integrity-Project (acquired by NVIDIA’s Mellanox in 2014), Secdo (acquired by Palo Alto Networks in 2018), and Ermetic, a cloud identity and security company acquired by Tenable in 2023. After the Ermetic acquisition, Morag served as Tenable’s CPO before leaving to start Oak.
Co-founder and CPO Tal Marom previously led product teams at Tenable and Salesforce.
“The market has reached a breaking point,” Morag told PR Newswire. “The tools were never built to work as one, and adding more of them was never going to fix it. Oak is the platform the industry has needed for twenty years, and could never build until now.”
What Oak Actually Does
The platform connects to any system and builds new connectors in hours rather than the months legacy identity tools typically require, according to the company. Instead of relying on static records from traditional IAM tools, Oak builds a live identity graph from raw evidence across every identity type.
Marom described the problem as universal across enterprise security leadership. “We spent months speaking with more than 100 CISOs and IAM leaders, and they all share the same problems of running too many disconnected tools, being unable to see how access is used, and no way to govern AI agents,” he said.
The identity challenge is quantifiable. PwC reports that identity is now the primary attack vector in cybersecurity. As enterprises deploy AI agents that access databases, applications, and internal workflows, traditional identity governance systems designed for human-only environments cannot keep pace with the expanding attack surface.
Why the Investor Syndicate Matters
Accel partner Andrei Brasoveanu called backing Morag “one of the easiest decisions we’ve ever made,” noting this is his second time investing in the founder. “He and his team have spent their careers solving the hardest problems in enterprise security, and identity is the biggest one left standing,” Brasoveanu said.
The Accel, Greylock, and CRV syndicate at seed stage signals strong VC conviction in identity governance as core agent infrastructure. $60 million is an unusually large seed for cybersecurity, reflecting both Morag’s track record and investor belief that the identity layer will become a bottleneck as agent deployments scale.
The Competitive Landscape
Oak enters a market where legacy IAM vendors like Okta, CyberArk, and SailPoint are retrofitting existing platforms for AI agent identities. The company draws a comparison to CNAPP (Cloud-Native Application Protection Platforms), which consolidated fragmented cloud security stacks into unified offerings. Oak is betting that enterprise identity is at the same consolidation inflection point.
The startup will showcase its technology at Black Hat USA in August 2026. Oak is headquartered across Tel Aviv and San Francisco.