As interest in “vibe coding” continues to grow and tech giants encourage developers to utilize AI-assisted programming tools, Ox Security has secured significant new funding for its specialized platform. The company announced a successful Series B investment totaling 60 million dollars, led by DTCP and attracting heavyweight participants such as IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8, boosting its total capital raised to 94 million dollars.
Founded in 2021 by Neatsun Ziv and Lior Arzi, both seasoned software and IT professionals, Ox Security operates out of New York and Tel Aviv. Before launching their startup, the duo honed their expertise working together at Check Point on advanced threat prevention technologies.
Strengthening Security for AI Powered Development
Ox Security’s platform targets both security specialists and software developers, delivering advanced tools that scan code in active applications and secure organizations’ software distribution pipelines. This technology is designed to model potential threats, suggest tangible fixes, and offer comprehensive executive-level reports to explain detected security incidents.
Ziv highlights that with the rapid evolution of AI in software engineering, there is a heightened demand for systems that go beyond speed to identify overlooked security flaws AI might miss. Ox Security analyzes more than 100 million lines of code daily, serving approximately 200 clients ranging from major corporations like SoFi and eToro to federal entities and industry investors such as Microsoft and IBM.
The company’s customer base encompasses businesses of all sizes, including governmental agencies and militaries, reflecting growing trust across sectors. Fueled by the latest funding round, Ox Security plans to drive further growth and scale up operations to stay ahead of competitors like Snyk, Veracode, Synopsis, and Checkmarx.
The business is currently pulling in nearly 10 million dollars in annual recurring revenue, a figure its founders expect to double within a year. With 150 employees, Ox Security aims to achieve cash flow positivity in the next several years as it sharpens its focus on sustainable expansion and market leadership.
Ziv stated that as Ox Security received a surge in investment interest, the timing felt perfect to accelerate the company’s ambitions. Steady revenue gains and strategic investments signal a promising path forward for their robust AI code vulnerability security platform.
