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Ox Security, an Israeli cybersecurity startup, has just raised a \$60 million Series B round, doubling down on its mission to declutter the noisy landscape of application security (AppSec). In a digital era where enterprises are drowning in endless security alerts, Ox stands apart with its focused approachâtargeting only the threats that truly matter. Backed by tech giants like Microsoft and IBM, and now valued at nearly \$100 million in total funding, Oxâs vision is gaining serious momentum.
Founded in 2021 by two former Check Point veterans, Neatsun Ziv and Lior Arzi, Ox Security is quickly emerging as a major force in enterprise-grade AppSec solutions. It already boasts more than 200 enterprise customers, including leading fintech players such as eToro and Sofi, and has reached an annual recurring revenue (ARR) milestone of \$10 millionâa strong signal of product-market fit.
Ox Securityâs Rise in
Ox Security just closed a \$60 million Series B round.
This comes just 2.5 years after a hefty \$34 million seed round.
Total funding now sits at \$94 million since launching in 2021.
The round was led by DTCP with participation from IBM, Microsoft, Swisscom Ventures, Team8, and Evolution Equity.
Ox currently employs 150 people, with 80 based in Israel.
It serves over 200 enterprise clients globally.
Key customers include Sofi and eToro.
Annual recurring revenue has hit $10 million.
Ox was founded by ex-Check Point executives Neatsun Ziv and Lior Arzi.
Recently listed in Calcalistâs â50 Most Promising Startupsâ.
Operates in the booming Application Security (AppSec) market.
Oxâs unique value proposition: cut through the AppSec noise.
Focuses on alerting only the top 5% of critical threats.
Uses smart filtering to reduce false positives and alert fatigue.
This model contrasts with legacy vendors that flag every potential issue.
The approach gained popularity post-SolarWinds hack.
Legacy AppSec tools were criticized for over-alerting.
The average organization faces over 569,000 AppSec alerts.
95% of these are non-critical or redundant.
Ox filters these out to focus on business-critical risks.
The rise of AI code has increased the security challenge.
AI tools generate code quicklyâbut often insecurely.
Many vulnerabilities are hidden and escape traditional tools.
Oxâs engine is designed to detect high-risk code patterns.
The platform adapts to modern development pipelines.
It integrates across CI/CD environments.
The companyâs â2025 App Security Indexâ highlights systemic AppSec flaws.
The Index serves as a thought leadership benchmark for the industry.
Ox aims to become the ânoise-cancelling headphonesâ of AppSec.
Strategic timing: cyber threats are increasing globally.
Investors view Ox as a long-term player in a consolidating market.
What Undercode Say:
The Ox Security funding round is far more than just a financial milestoneâit’s a signal of changing tides in enterprise security strategy. What makes this development compelling is how Ox has strategically positioned itself amid rising market saturation and vendor consolidation. While competitors like Cider Security and Bionic were acquired by major players, Ox has opted to remain independent. That independence allows it to double down on a differentiated philosophy: precision over volume.
Most cybersecurity vendors today still push âmore alerts = more value,â a deeply flawed assumption in an era of automation and scale. Enterprises are now dealing with half a million-plus security findings at once. Even the best security teams canât triage that volume. Ox is tackling this head-on by saying what others wonât: most of it is noise.
This approach feels especially relevant with the recent surge in AI-generated code. Developer velocity has exploded, but security hasnât kept pace. AI-written code can contain deeply buried logic flaws or security holes that evade traditional tools trained on more conventional patterns. Ox is making a bet that tomorrowâs threats wonât look like yesterdayâsâand it’s building for that future.
Its traction backs this up. Surpassing \$10M ARR in just over two years is significant in the SaaS world, especially in security where long sales cycles and integration complexity often delay revenue. Ox is clearly resonating with CIOs and CISOs who are tired of drowning in dashboards and want context, not chaos.
Strategically, Ox is aligning itself as both a product and a thought leader. Their 2025 App Security Index isnât just a marketing assetâitâs a signal that Ox aims to shape the conversation, not just sell into it. That level of narrative control is rare for a company this young.
Thereâs also a bigger play here. With IBM and Microsoft participating in the round, thereâs a clear signal that the Ox team has support from potential future acquirers or deep integration partners. Itâs not inconceivable to see Ox embedded in Azure DevOps pipelines or IBMâs hybrid cloud stack in the near future.
In summary, Ox Security is betting on clarity over complexity. In a world where cyber fatigue is a growing issue, that may be its biggest competitive edge.
Fact Checker Results:
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The \$60M Series B raise has been confirmed by multiple financial news outlets.
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Ox Securityâs \$10M ARR and customer base are validated through company press releases.
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Backing investors (IBM, Microsoft, DTCP) are listed across several tech investment platforms.
Prediction
Ox Security is positioned to become a foundational layer in modern AppSec stacks, particularly for AI-driven development environments. If it continues on its current trajectoryâbalancing strong product development with strategic investor alignmentâitâs likely to either IPO within the next 3â5 years or be acquired by a cloud giant looking to fill AppSec gaps. Expect Ox to expand its market share as organizations prioritize alert quality over quantity in their security posture.
References:
Reported By: calcalistechcom_9c54e00f7178353c03decf51
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