What does OX do?
OX offers a comprehensive application security platform that leverages proprietary code projection technology to analyze code behavior in real-world environments, prioritize risks, and enable development teams to address critical vulnerabilities throughout the software lifecycle.
How much did they raise?
The company secured $60M in Series B funding, with DTCP leading the round and participation from Swisscom Ventures, IBM, Evolution Equity, Microsoft, and Team 8. This round brings the total funding to $94M.
What are their plans for the money?
OX plans to use the new funds to accelerate production development and expand its global footprint, potentially enhancing market reach and product performance.
What have they achieved so far?
OX has already gained significant traction, with its platform being used by over 200 organizations, including industry giants such as Microsoft, IBM, eToro, and SoFi.
