As generative AI reshapes the way developers write software, security threats are evolving just as fast. In response, Ox Security — a startup scanning both human- and AI-generated code for vulnerabilities — has just secured $60 million in fresh funding to stay ahead of the curve.
The Series B round was led by DTCP, with major backing from tech giants like IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8. With this raise, Ox has now secured a total of $94 million since launching in 2021.
Founded by cybersecurity veterans Neatsun Ziv and Lior Arzi — both former engineers at Check Point — Ox Security is based in both New York and Tel Aviv. The duo saw firsthand how development speed often outpaces security, especially as developers rush to adopt AI tools that promise faster coding but often skip critical security checks.
Why Securing AI-Generated Code Matters Now
The rise of “vibe coding” and AI-assisted development has been a game-changer for programmers. But it’s also introduced new risks. While AI can help generate entire codebases in seconds, it lacks the human instinct to spot nuanced vulnerabilities.
That’s where Ox comes in. Its platform continuously analyzes software across an organization’s entire development pipeline — whether that code is written by humans or machines. It detects weaknesses, flags potential threats, and recommends fixes. It even supports code reviews and executive-level reporting to keep leadership informed about security gaps.
“AI has revolutionized software development,” said Ziv. “But it doesn’t always catch the subtleties that lead to real-world security breaches. Ox fills that gap, giving developers more time to innovate while keeping the entire ecosystem secure.”
Analyzing 100M+ Lines of Code Daily
Today, Ox Security scans more than 100 million lines of code each day for a customer base that includes over 200 companies — from startups to Fortune 10 enterprises. That roster includes financial firms like SoFi and eToro, plus two of its newest investors: Microsoft and IBM. The platform is also used by government bodies and military agencies.
The company currently generates around $10 million in annual recurring revenue (ARR), a figure Ziv expects to double by year-end. With a team of 150 employees and aggressive plans to expand, Ox is aiming for cash-flow profitability within the next 2–3 years.
Taking on Industry Heavyweights
With this latest investment, Ox is now squarely competing with some of the biggest names in application security, including Snyk, Veracode, Checkmarx, and Synopsis. But Ziv says the timing is right — the company has seen strong momentum and wants to scale rapidly without compromising its core mission.
“We’ve turned down offers in the past,” Ziv shared. “But this round gives us the fuel to accelerate our long-term goals without distractions. We’re focused on becoming the go-to solution for secure, AI-assisted software development.”
As AI continues to redefine how software is written, companies like Ox are proving that innovation and security don’t have to be at odds — they can move forward together.
