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OX Security raises $60M in Series B funding led by DTCP to enhance risk management in Application Security.

May 07, 20258 months ago

Amount Raised

$60 Million

Round Type

series b

BostonSecuritySoftware

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.

Company Information

Company

Ox Security

Location

Boston, Massachusetts, United States

About

OX Security is an Application Security Platform that enables evidence-based risk prioritization across the entire software development lifecycle — from design to runtime. Founded in 2021 by Neatsun Ziv and Lior Arzi in the wake of the SolarWinds attack, OX was built to cut through the noise of generic alerts and help teams focus on the 5% of risks that truly matter. Its proprietary technology assesses exploitability, reachability, and business impact, ensuring that critical vulnerabilities are addressed before they reach runtime.

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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