OLIGO Security, a runtime security company, has secured $60 million in funding, raising its total funding to $140 million. The investment round featured several contributors, including Ballistic Ventures and Lightspeed Venture Partners. Founded in 2022 in Tel Aviv, Oligo's platform offers protection for application code, cloud workloads, and AI systems by providing deep runtime visibility and real-time protection against vulnerabilities and exploits.
The company aims to use the funds to enhance product innovation and expand global operations. Key features of Oligo's platform include blocking exploit attempts, prioritizing vulnerabilities, and offering virtual patching to prevent supply chain attacks.