Application security

Oak Inc. launches with $60 million to secure application access

Oak Inc., a startup focused on preventing unauthorized application access, has launched with $60 million in seed funding. The company aims to address the growing complexity of managing user and AI agent permissions in corporate networks, with further coverage provided by Silicon Angle.

The funding round, co-led by Accel, Greylock Partners, and CRV, will support Oak's mission to provide a platform that automatically maps and analyzes access permissions across corporate networks. The platform identifies employee application accounts and AI agents, flagging potential security risks such as violations of the separation of duties principle. Oak's software can also detect unnecessary access granted to AI agents, which could become a vulnerability if the agent is compromised.

Oak's solution offers a ChatGPT-like interface for administrators to query issues and receive remediation suggestions, with options for automatic fixes subject to approval.

Source: Silicon Angle

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