Ox Security Receives Strategic Investment From Ibm Ventures To Supercharge Software Supply Chain Security
Aug 15, 2023•over 2 years ago
Investors
Ox SecurityIbm
Description
OX Security, the leading software supply chain security solution and founding member of the Open Software Supply Chain Attack Reference (OSC&R), announced today that it received an investment from IBM, the leading hybrid cloud and AI company and the parent company of Red Hat, the world's leading provider of enterprise open source solutions. The investment represents the companies' intent to collaborate on expanding the frontiers of software supply chain security and create value for developers of cloud-native solutions.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers