Oligo Security, a Tel Aviv, Israel-based Application Detection and Response (ADR) company, raised $50M in Series B funding.
The round was led by Greenfield Partners, with participation from Red Dot Capital Partners, Strait Capital, and existing investors Ballistic Ventures, Lightspeed Venture Partners, and TLV Partners.
The company intends to use the funds to global go-to-market efforts to meet demand for its platform, which finds exploitable application vulnerabilities in real-time and stops cloud-native attacks.
Co-founded by Nadav Czerninski, CEO, Gal Elbaz, CTO, and Avshalom Hilu, CPO, Oligo provides deep application inspection at runtime, enabling real-time visibility into library and function-level activity. With this capability, security teams can accurately pinpoint where code vulnerabilities exist and if they are in use, providing a clear picture of true application risk. The platform also continuously monitors application components to detect anomalies and stop malicious behavior in modern applications before it leads to breaches.
FinSMEs
29/01/2025