● Covered by 1 source · 1 reportMedium impact1 neutral
Oligo Security Raises $60 Million in Funding Round, Totaling $140 Million
Key points
- Oligo Security raised $60 million in a new funding round.
- Total funding for Oligo Security now stands at $140 million.
- Funds will be used for product innovation and global expansion.
- Oligo's platform offers runtime security for code, cloud, and AI systems.
Funding Announcement
Oligo Security, a company specializing in runtime security, has secured $60 million in a recent funding round. This investment increases the company's total funding to $140 million since its founding in 2022. Participants in this round included Ballistic Ventures, Canon Capital, Greenfield Partners, Lightspeed Venture Partners, Red Dot Capital, TLV Partners, and various angel investors.
Platform Capabilities
Oligo Security's platform provides deep runtime visibility and real-time protection across application code, cloud workloads, and AI systems. The platform uses code execution observability to block exploit attempts, prioritize risky vulnerabilities, and automate response actions. It aims to address the reduced window between vulnerability disclosure and exploitation, particularly in the AI era.
Security Focus
The company's approach focuses on catching exploits at the application layer, identifying vulnerabilities that execute at runtime, and blocking malicious functions. Oligo states its platform can also prevent supply chain attacks and provide zero-day response capabilities, along with extended patching windows through virtual patching.
Future Plans
The newly acquired funds are designated to accelerate product innovation and expand Oligo Security's global go-to-market operations. This expansion is intended to broaden the reach and capabilities of their runtime security solutions.
✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →
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Reporting from
Oligo Security, a runtime security company, announced it raised $60 million in a new funding round, bringing its total funding to $140 million. This funding will be used to accelerate product innovation and expand global operations for its platform, which provides runtime visibility and real-time protection for application code, cloud workloads, and AI systems.