OLIGO Security Crosses $140M in Total Funding with $60M Round to Stop AI-Driven Attacks

A security company based in Tel Aviv, Israel, OLIGO Security, has revealed securing an additional $60 million in funding, reaching a total of $140 million raised. This funding round saw prominent investors such as Ballistic Ventures, Canon Capital, Greenfield Partners, Lightspeed Venture Partners, Red Dot Capital Partners, TLV Partners, and notable angel investors like Eyal Waldman, co-founder of Mellanox Technologies which was acquired by NVIDIA for $6.9 billion. The company highlighted the significant impact of AI on security.