Israeli Startup Oak Raises $60M to Build AI Powered Identity OS

Israeli startup Oak has secured $60 million in seed funding to develop an AI-driven Identity Operating System aimed at consolidating identity governance. Co-founded by Shai Morag and Tal Marom, the platform intends to replace legacy systems by providing comprehensive identity management across various environments. Oak's system offers real-time risk assessments and aims to simplify identity governance for organizations by addressing common challenges that security and IAM leaders face. The funding round was led by Accel, Greylock Partners, and CRV.