May 7, 2025:
Microsoft Leads $60M Funding in OX Security - OX Security, an application security startup, has secured $60 million in Series B funding led by DTCP, with participation from Microsoft, IBM Ventures, and others. This funding aims to enhance OX Security's AI-driven cloud platform, which helps developers prioritize and remediate critical code vulnerabilities. By assessing exploitability and potential impact, the platform aids in mitigating risks, notably from overlooked APIs.
With annual recurring revenue surpassing $10 million, the company plans to improve its AI models and expand globally.
