Israeli cyber startup Oligo Security doubles valuation with $60 Million round
Israeli cybersecurity firm Oligo Security has raised $60 million in a new funding round, doubling its valuation. The company specializes in runtime security for AI infrastructure and cloud environments.
Why it matters
The investment highlights the continued growth and resilience of the Israeli cybersecurity sector despite regional instability.
While the Israeli tech sector seeks stability, the domestic cybersecurity industry continues to heat up with the announcement by Israeli cyber startup Oligo Security that it has completed a $60 million financing round.The total capital raised by the company since its establishment in 2022 stands at approximately $140 million. The latest round was led by venture capital funds and investors Ballistic Ventures, Greenfield Partners, Red Dot Capital, Lightspeed Venture Partners, and TLV Partners, along with Yasmin Lukatz and Eyal Waldman.Oligo Security was founded by CEO Nadav Czerninski, CTO Gal Elbaz, and CPO Avshalom Hilu, who are childhood friends and veterans of IDF cyber units in Military Intelligence (Units 81 and 8200) and the C4I Corps (Matzgov).
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