Oligo Security Secures $50M in Series B Funding for Revolutionary Application Defense Platform

In a significant stride towards bolstering application security, Oligo Security has successfully raised $50 million in a recent funding round. This infusion of capital stands as a testament to the growing demand for advanced security measures in today's increasingly complex digital landscape. Founded with an unwavering mission to secure every application against intrusions, Oligo provides an innovative Application Defense Platform that empowers security teams with powerful capabilities. Their technology allows organizations to observe application components meticulously, detect intrusions swiftly, and mitigate threats effectively. A particular highlight of Oligo's offerings is its cutting-edge eBPF-based sensor that determines exploitability in real time, enabling the identification of compromises instantly—even in scenarios where attackers exploit unknown vulnerabilities. The funds raised will be strategically deployed to enhance product development, expand the development team, and accelerate market penetration, ensuring that Oligo stays at the forefront of application security innovation. As businesses increasingly prioritize securing their digital assets, Oligo is committed to ensuring that developers can focus on creating robust features without being bogged down by incessant security fixes. By leveraging this new funding, Oligo aims not only to enhance its technological capabilities but also to promote a culture of security-first mindset across development teams globally. This strategic investment will further entrench Oligo’s position as a leader in the application security space, ultimately helping businesses safeguard their applications and maintain operational integrity amidst growing vulnerabilities in the cybersecurity landscape.