OX Security raises $60M in Series B funding led by DTCP to enhance risk management in Application Security.
May 07, 2025•8 months ago
Amount Raised
$60 Million
Round Type
series b
Investors
Team8Evolution Equity PartnersSwisscom VenturesMicrosoftIbm VenturesDtcp
Description
OX Security, a leader in Application Security, announced $60 million in Series B funding led by DTCP. The round brings OX's total funding to $94M and includes participation from IBM Ventures, Microsoft, and others. The company enables developers to focus on critical Application Security risks. OX's innovative platform has tripled its customer base over the past year.
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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech