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Oligo Security raised $50M in a Series B funding round led by Greenfield Partners to enhance security for modern applications.

Jan 29, 202511 months ago

Amount Raised

$50 Million

Round Type

series b

Tel Aviv

Investors

Tlv PartnersLightspeed Venture PartnersBallistic VenturesStrait CapitalRed Dot Capital PartnersGreenfield Partners

Description

Oligo Security announced $50 million in Series B funding to advance their Application Detection and Response platform. The funding aims to expand global go-to-market efforts in response to the increasing demand for their services that detect and mitigate cloud-native vulnerabilities.

Company Information

Company

Oligo Security

Location

Tel Aviv, Tel-Aviv District, Israel

About

The company also participated in Intel’s Ignite accelerator in 2022.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech