Key Takeaways
- Oligo Security raised a $60 million funding round, bringing total capital to $140 million since its 2022 founding.
- The round drew participation from top cybersecurity VCs (Ballistic Ventures, Lightspeed, Canon Capital, etc.) and notable angel investors, including Eyal Waldman of Mellanox/Nvidia fame.
- The company reported a 300 % year‑over‑year increase in annual recurring revenue (ARR) and a valuation that more than doubled after its prior Series B.
- Oligo’s runtime‑security platform monitors code execution in real time, distinguishing truly exploitable vulnerabilities, blocking attacks, and enabling virtual patching without production disruption.
- Recent milestones include being named AWS’s exclusive AI runtime security partner for Security Hub Extended, joining Palantir’s FedStart program for FedRAMP High/DoD IL5 authorization, and launching Runtime Exploit Blocking.
- The founding team—childhood friends and veterans of Israeli elite cyber units (8200, 81, ICT Corps)—brings deep offensive‑security expertise to the product.
Funding Round Overview
Oligo Security announced a new $60 million infusion of capital, elevating its total funding to $140 million since the company’s inception in 2022. The round was led by a blend of established venture‑capital firms specializing in cybersecurity and broader technology investments, signaling strong confidence in Oligo’s market position and growth trajectory. The fresh capital will be deployed to accelerate product development, expand go‑to‑market efforts, and deepen partnerships with cloud providers and government agencies.
Investor Participation
The investor syndicate includes Ballistic Ventures, Canon Capital, Greenfield Partners, Lightspeed Venture Partners, Red Dot Capital, and TLV Partners—each known for backing high‑potential security innovators. In addition, prominent angel investors contributed, most notably Eyal Waldman, co‑founder of Mellanox Technologies, which Nvidia acquired for $6.9 billion. Waldman’s involvement underscores the strategic interest of seasoned technologists who recognize the growing importance of runtime protection in an AI‑driven threat landscape.
Growth Metrics and Valuation
Over the past year, Oligo experienced explosive traction: annual recurring revenue (ARR) surged by 300 % year‑over‑year, and the company’s valuation more than doubled relative to its previous Series B round. This rapid expansion reflects both rising demand for runtime security solutions and the effectiveness of Oligo’s differentiated approach, which helps organizations cut through the noise of traditional vulnerability scanners.
CEO’s Vision on AI and Runtime Security
Nadav Czerninski, co‑founder and CEO, articulated the core rationale behind the company’s focus: “AI has fundamentally changed the economics of exploitation. When attackers can find vulnerabilities and build exploits at machine speed, runtime becomes the only place where you can definitively understand true risk and stop attacks without impacting production.” His statement captures the shift from pre‑deployment scanning to continuous, in‑production defense as attackers leverage generative AI to accelerate exploit discovery.
Founding Team Background
Oligo was founded in 2022 by three childhood friends who also served in Israel’s elite cyber units: Czerninski (CEO), Gal Elbaz (CTO), and Avshalom Hilo (CPO). Their collective experience spans Military Intelligence units 8200 and 81, as well‑F’s ICT Corps, providing deep insight into offensive tactics, threat modeling, and the operational constraints of defending critical systems. This pedigree informs the company’s product philosophy—building defenses that think like an attacker.
Company Size and Geographic Footprint
Today, Oligo employs roughly 100 professionals. About 70 of those staff members are based at the company’s Israeli development center, while the remainder are split between offices in New York and San Francisco. This distribution enables Oligo to maintain close collaboration with its R&D core in Israel while tapping into North American sales, marketing, and customer‑success talent to serve a global enterprise and government clientele.
Technology Approach and Benefits
Oligo’s platform continuously monitors code execution in real time, determining which vulnerabilities are actually exploitable under current runtime conditions, detecting malicious behavior, and blocking attack attempts without pausing or degrading production workloads. By focusing on the narrow set of truly dangerous flaws, the solution dramatically reduces the vulnerability‑management overload that plagues many security teams. Additionally, the capability to apply virtual patches gives organizations a critical window to develop and test permanent fixes while remaining protected.
Challenges Addressed by AI‑Powered Attacks
The proliferation of AI‑driven tooling has shortened the gap between vulnerability discovery and exploitation, allowing adversaries to weaponize flaws at unprecedented speed. Traditional periodic scans and patch cycles struggle to keep pace, leaving windows of exposure that attackers can exploit. Oligo’s runtime‑centric model directly counters this trend by providing continuous visibility and immediate mitigation, effectively shifting the defensive posture from reactive to proactive.
Partnerships and Government Market Expansion
Strategic alliances have become a cornerstone of Oligo’s go‑to‑market strategy. Amazon Web Services selected Oligo as the exclusive AI runtime security partner for AWS Security Hub Extended, integrating the platform into a widely used cloud‑native security console. Simultaneously, Oligo joined Palantir’s FedStart program, a pathway designed to help vendors achieve FedRAMP High and Department of Defense Impact Level 5 (IL5) authorizations—key credentials for selling to U.S. federal agencies. These collaborations validate Oligo’s technology and broaden its reach into highly regulated environments.
Recent Product Launch: Runtime Exploit Blocking
Building on its core runtime monitoring, Oligo recently unveiled Runtime Exploit Blocking, a feature that detects and blocks exploit attempts at the application layer in real time. This addition extends the platform’s capabilities beyond vulnerability identification to active threat interruption, enabling organizations to stop zero‑day and known‑exploit attacks before they can cause damage, all while maintaining application performance and availability.
Future Outlook and Strategic Priorities
With the new funding, Oligo plans to deepen its investment in AI‑enhanced detection algorithms, expand its sales and customer‑success teams across EMEA and APAC, and pursue additional certifications that will unlock further government contracts. The company also intends to continue fostering partnerships with major cloud providers and system integrators, ensuring its runtime security solution becomes a standard layer in modern, AI‑augmented enterprise stacks. As threats grow more autonomous, Oligo’s focus on protecting applications while they run positions it at the forefront of the next generation of cybersecurity defenses.