The cybersecurity firm aims to enhance risk prioritization and global expansion with fresh investment
Highlights:
- Strategic Growth: Ox Security raises $60M in Series B funding, bringing total investment to $94M.
- Innovative Technology: The company’s proprietary Code Projection technology enhances risk prioritization and vulnerability detection.
- AI-Powered Security: Ox Security is developing AI-driven code review tools to improve cybersecurity measures.
Summary:
Ox Security has successfully closed its Series B funding round at $60 million, led by DTCP with participation from Swisscom, IBM, Evolution Equity, and Team 8. This investment boosts the company’s total funding to $94 million, enabling strategic growth in production innovation and global expansion.
The cybersecurity firm focuses on risk prioritization, helping enterprises move beyond reactive security measures to measurable risk reduction. Its Code Projection technology analyzes code behavior in real-world environments, tracing vulnerabilities back to their source.
With the rise of AI-generated code, Ox Security is developing AI-powered agentic code review tools, mimicking the judgment of top security engineers to pinpoint critical vulnerabilities. This approach ensures that security teams focus on high-risk issues, preventing breaches and optimizing developer efficiency
