Israeli runtime security co OLIGO raises $60m
Israeli runtime security company Oligo Security announced a $60 million financing round, bringing total funding to $140 million. Investors include Ballistic Ventures, Canon Capital, Greenfield Partners, Lightspeed Venture Partners, Red Dot Capital, TLV Partners, and angel investors like Mellanox cofounder Eyal Waldman. The company focuses on runtime security across applications, cloud workloads, and AI systems, offering real-time protection and virtual patching. Founded by CEO Nadav Czerninski, CTO Gal Elbaz, and CPO Avshalom Hilu, Oligo reported 300% year-over-year ARR growth and was selected by AWS as exclusive AI runtime security partner.
Israeli runtime security company Oligo Security announced the completion of a $60 million financing round, bringing the company's total funding to $140 million. The round was led by investors including Ballistic Ventures, Canon Capital, Greenfield Partners, Lightspeed Venture Partners, Red Dot Capital, TLV Partners, and angel investors such as Mellanox cofounder Eyal Waldman. Oligo has developed runtime security solutions that operate across applications, cloud workloads, and AI systems, combining deep runtime visibility with real-time protection. By observing code execution as it happens, the platform enables customers to block exploit attempts without disrupting production, reduce vulnerability noise, and buy time between patch cycles through virtual patching. The company was founded by CEO Nadav Czerninski, CTO Gal Elbaz, and CPO Avshalom Hilu. Over the past year, Oligo recorded 300% year-over-year growth in annual recurring revenue (ARR) and more than doubled its valuation since its Series B. The company was also selected by AWS as the exclusive AI runtime security partner for AWS Security Hub Extended and joined Palantir's FedStart Program to accelerate its path to FedRAMP High and DoD Impact Level 5 (IL5) authorization.