Ox Security Raises $60 Million in Funding to Secure AI and Human-Generated Code

On: Wednesday, May 7, 2025 11:50 AM

Ox Security raises $60 million in a Series B funding round to scan and secure code, including AI-generated code.
The funding round was led by DTCP with participation from IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8.
This brings Ox Security’s total raised capital to $94 million.
Ox Security was founded in 2021 by Neatsun Ziv and Lior Arzi, both former engineers at security company Check Point.
The platform helps both security teams and developers by scanning code in applications and securing software supply chains.
Ox Security’s platform models security threats and offers recommendations for fixing flaws, also helping with code reviews.
Ox analyzes over 100 million lines of code daily for around 200 customers, including major firms like eToro, SoFi, Microsoft, and IBM.
The company serves a wide range of clients, including Fortune 10 companies, small to mid-sized businesses, and government and military agencies.
Ox Security plans to use the new funding to expand and scale its operations and expects $10 million in annual recurring revenue to double by the end of the year.
Ox’s long-term goal is to become cash-flow positive in the next 2-3 years, focusing on sustainable growth and major market opportunities.