Oligo Security, a Tel Aviv-based startup founded in 2022, has raised $50 million in a Series B funding round, bringing its total funding to $80 million. The round was led by Greenfield Partners, with participation from Ballistic Ventures, Lightspeed Venture Partners, Red Dot Capital Partners, Strait Capital, and TLV Partners. Oligo provides cutting-edge application detection and response (ADR) technology designed to inspect applications deeply at runtime, offering a solution to help organizations pinpoint and address security gaps. The startup’s platform focuses on enabling businesses to detect and prevent breaches in modern software applications, particularly in cloud-based environments where threats are increasing in frequency and complexity.
Oligo’s ADR solution uses eBPF technology, which allows it to run sandboxed code in privileged contexts, offering real-time monitoring of application behavior.
This enables the system to generate detailed profiles of application functions and identify anomalies that may signal an exploitation attempt. By gaining deeper insight into runtime environments, Oligo can detect breaches with ultra-low overhead, making it an ideal choice for organizations that need continuous application monitoring without sacrificing performance. This capability significantly reduces the rate of false positives, improving the efficiency of security teams while enhancing overall application security.
The company emerged from stealth mode in 2023 and has quickly positioned itself as a key player in the evolving application security space. Oligo’s ADR technology addresses critical gaps in traditional application security and runtime approaches, offering a more advanced, proactive way to combat cyber threats. The startup emphasizes its ability to verifiably identify vulnerabilities and prevent exploitation in real-time, offering a solution that helps organizations stay ahead of rapidly evolving attack techniques. With its strong technological foundation, Oligo aims to revolutionize application security by providing deeper insights than current solutions, focusing on the vulnerabilities that matter most in modern software applications.
With the new capital injection, Oligo plans to accelerate its global go-to-market efforts, expanding its reach to meet the growing demand for its innovative ADR platform. The company is dedicated to advancing its technology and broadening its customer base in response to the increasing need for robust security solutions in an increasingly digital world. Oligo’s co-founder and CEO, Nadav Czerninski, underscored the urgency of modernizing application security in an era where software and cloud-based infrastructures face unprecedented threats. By harnessing advanced detection and prevention technologies, Oligo is positioning itself to be at the forefront of securing modern application environments and helping businesses safeguard their most valuable assets.
