OX Raises $60M in Series B Funding for Application Security Platform
OX, a Boston, MA-based company specializing in application security, has secured $60 million in Series B funding.
The funding round was led by DTCP, with contributions from Swisscom Ventures, IBM, Evolution Equity, Microsoft, and Team 8.
The investment will be utilized to expedite product development and extend OX’s presence on a global scale.
Under the leadership of CEO Neatsun Ziv, OX offers a platform that facilitates risk prioritization across the software development life cycle. The company’s unique code projection technology analyzes code behavior in real-world scenarios, identifying potential vulnerabilities and tracing them back to their origins in the code base. This assessment includes evaluating reachability, exploitability, and business impact, enabling teams to concentrate on critical vulnerabilities and enhance overall risk management.
OX’s platform is trusted by more than 200 organizations, including prominent names like Microsoft, IBM, eToro, and SoFi.
This recent funding round brings OX’s total funding to $94 million.
Published by FinSMEs on 07/05/2025
