Oligo Security Raises $60M: AI-Driven Runtime Security Growth

1h ago·0:00 listen·Source: SiliconANGLE

Summary

Oligo Security has successfully raised $60 million in new funding. This investment will accelerate product innovation and expand their global market operations. Oligo's software works by sitting alongside applications in production. It uses a sensor to track which library functions a workload actually calls. This helps identify which vulnerabilities truly pose a risk. The company's Runtime Exploit Blocking feature, launched in April, defends against attack techniques, even zero-day exploits. Interest in runtime defenses has grown as AI speeds up vulnerability discovery and exploit development. Oligo's CEO notes that when attackers can find vulnerabilities at machine speed, runtime security becomes crucial. The company has seen 300% annual recurring revenue growth in the past year. Its valuation has more than doubled since a $50 million Series B round. Oligo was also named the exclusive AI runtime security partner for AWS Security Hub's extended plan. They also joined Palantir’s FedStart program to secure government authorizations. This funding highlights the increasing importance of advanced runtime security solutions in a rapidly evolving threat landscape.

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