Oak exits stealth with $60M to fix identity infrastructure mess driven by AI agents

Oak exited stealth mode Tuesday with $60 million in funding to address identity infrastructure problems that the company says are being worsened by AI agents, TechCrunch posted on X. The announcement was made in a TechCrunch article published July 15. The report said the startup aims to fix what it describes as an identity mess driven by the proliferation of AI agents. Details on the funding round such as lead investors or valuation were not included in the post. Oak did not immediately respond to requests for comment. The company's launch comes as enterprises grapple with managing machine identities alongside human ones. TechCrunch said Oak's platform is designed to secure and govern identities across cloud and on-premises environments. Further technical specifics and customer traction were not disclosed in the social media post.