The recent funding round for Ox, a platform specializing in application security, has boosted the company’s total capital to $94 million. Led by DTCP, with contributions from Swisscom, IBM, Evolution Equity, and Team 8, this investment will focus on enhancing production innovation and expanding their global presence.
Ox is committed to helping enterprises transition from reactive security measures to effective, measurable risk reduction. The platform facilitates precise, evidence-based risk prioritization, illustrating the impact of security vulnerabilities throughout the software development lifecycle.
Utilizing proprietary Code Projection technology, Ox analyzes code behavior in real-world environments and traces potential vulnerabilities to their source in the original code. The company emphasizes evaluating reachability, exploitability, and business impact, enabling teams to identify critical vulnerabilities, thereby improving risk posture and saving significant developer hours.
The need for Ox’s solution has become increasingly evident as conventional application security tools prove inadequate, burdening security teams with incessant alerts and complicating the prioritization of genuine risks. This inefficiency leads to wasted time, resources, and funds, as teams often address non-critical issues instead of actual threats.
Moreover, with the rise of AI in software development, new and often unseen risks emerge alongside rapid code generation. Ox points out that while AI-generated code may appear clean, it still harbors structural flaws that standard tools fail to detect.
The platform is also developing an AI-enabled agentic code review that incorporates critical thinking modules, mimicking the judgment of top security engineers. By consistently modeling risk across both AI-generated and human-created code, Ox can identify and rectify vulnerabilities within the 5% of issues that pose the greatest risk.
Neatsun Ziv, CEO and co-founder of Ox Security, states, “Any security tool can find countless vulnerabilities and issue a constant stream of alerts. We aim to identify which specific vulnerabilities could result in breaches and clarify what should be fixed first. Ox was built to address the real AppSec challenge: not just identifying issues but knowing which to prioritize for remediation. That’s what secures developer buy-in and prevents breaches, making the market ripe for change.”
Dean Shahar, managing director at DTCP, adds, “We are thrilled to partner with Ox as they enter this next growth phase. Ox stands out as the precise tool that cuts through the noise of endless vulnerabilities, helping organizations focus on the critical 5% that truly matter.”
“This represents a true paradigm shift—Ox’s Code Projection and precise prioritization fulfill the unmet promises of outdated security tools, which are overwhelmed by alert floods. As generative AI accelerates code creation beyond human capabilities, Ox integrates fragmented AppSec solutions into a unified platform, providing pinpoint accuracy in securing an expanding attack surface.”