OX Security, a Tel Aviv, Israel-based application security platform, has raised $60 million in Series B funding, bringing its total funding to $94 million.
Investors
The round was led by DTCP, with participation from IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8.
Digital Transformation Capital Partners (DTCP) is a global investment firm managing approximately $3 billion in assets across multiple funds. It specializes specializing in digital transformation through two primary strategies: digital infrastructure and growth equity investments. DTCP operated globally with offices in Hamburg, London, Luxembourg, San Francisco, Seoul, and Tel Aviv.
OX Security Use of Funds
The company will use the funds to accelerate product innovation, expand the company's global footprint, and continue helping enterprises move from reactive security to measurable risk reduction.
About OX Security
Founded in 2021 by Neatsun Ziv and Lior Arzi, OX Security provides an application security platform designed to help organizations secure their software development lifecycle. Its platform enables evidence-based risk prioritization across the entire software development lifecycle — from design to runtime. Serves over 200 companies, including Microsoft, IBM, and SoFi, OX Security's mission is to help security teams focus on what matters most in software security. Headquartered in Ramat Gan, Tel Aviv District, Israel, with offices in Boston, Massachusetts, and New York City, USA.
Funding Details
Company: OX Appsec Security Ltd.
Raised: $60.0M
Round: Series B
Funding Date: May 2025
Lead Investor: DTCP
Additional Investors: IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, Team8
Company Website: https://www.ox.security/
Software Category: Application Security
Source: https://www.prnewswire.com/il/news-releases/as-ai-accelerates-code-generation-ox-security-raises-60m-to-focus-developers-on-the-5-of-risks-that-truly-matter-302448458.html