Cybersecurity Funding Oligo Raises $60 Million for Runtime Security The company will use the investment to accelerate product innovation and expand go-to-market operations. By Ionut Arghire | August 4, 2026 (11:00 AM ET) Flipboard Reddit Whatsapp Whatsapp Email Runtime security company Oligo Security today announced raising $60 million in a new funding round that brings the total to $140 million. Ballistic Ventures, Canon Capital, Greenfield Partners, Lightspeed Venture Partners, Red Dot Capital, TLV Partners, and angel investors participated in the round. Founded in 2022, Tel Aviv-based Oligo has built a security platform covering application code, cloud workloads, and AI systems that provides deep runtime visibility and real-time protection. Through code execution observability, the platform enables organizations to block exploit attempts, prioritize risky vulnerabilities, and automate response. As the window between vulnerability disclosure and exploitation has diminished significantly in the AI era, Oligo bets on runtime protection to catch exploits at the application layer, identify vulnerabilities that execute at runtime, and block malicious functions with high precision. According to the company, its platform can also prevent supply chain attacks, while providing organizations with zero-day response and larger patching windows through virtual patching. Advertisement. Scroll to continue reading. Oligo will use the fresh funding to accelerate product innovation and expand its global go-to-market operations. “Runtime is where the business lives. It’s where revenue is generated, customers interact with applications, and brand reputation is won or lost,” said Ballistic Ventures partner Jake Seid. “Oligo has solved one of security’s hardest problems by protecting production environments without forcing organizations to choose between security and uptime. Their combination of technical innovation, customer momentum, and category leadership made our decision to increase our investment an easy one,” Seid added. Related: Zenity Raises $125 Million in Series C Funding Related: Obsidian Security Raises $85 Million at $1.1 Billion Valuation Related: Okta to Acquire Identity Threat Detection Firm Permiso Related: Visa to Acquire Fraud Intelligence Firm BioCatch for $2.4 Billion Written By Ionut Arghire Ionut Arghire is an international correspondent for SecurityWeek. Daily Briefing Newsletter Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights. 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Webinar: Rethinking Cyber Defense for AI-Speed Attacks August 18, 2026 Join this live webinar as we explore if detection-first security operations can keep pace with AI, or if it’s time to rethink prevention as the strongest default. Register Virtual Event: CodeSecCon 2026 August 19, 2026 CodeSecCon bridges the gap between dev and security. Discover best practices for secure coding, innovative risk-reduction tools, and safe AI integration to cultivate a true DevSecOps culture. Safely secure your apps! Register People on the Move PNC Financial Services Group has appointed Christian Winward as CISO. Brian Gumbel has joined Armadin as Chief Revenue Officer. EigenQ has appointed Mark Pecen as Vice Chairman and Alexander Truskovsky as CISO. More People On The Move Expert Insights Timeless Compliance: Why Better Questions Beat Bigger Frameworks The best compliance programs aren't the biggest ones. They're the ones built on a short list of questions that can actually be answered, and that still hold true when the models change. (Matt Honea) Is Patching Dead? Vulnerability Management in the Post-Mythos Era You cannot out-patch a machine that writes a working exploit from a vulnerability description in twenty hours. Stop trying to optimize a game you cannot win. (Danelle Au) When Identity Verification Fails: Lessons from a Real-World SIM Swap and Near Account Takeover Identity confidence changes throughout every interaction and should be reassessed continuously as new risk signals emerge. (Torsten George) Legacy Systems, Real-World Impacts: The Reality of OT Security Legacy systems, safety concerns, and critical infrastructure risks make OT vulnerability disclosure one of cybersecurity's most challenging balancing acts. (Tod Beardsley) The Shift Toward Business-Aligned Risk Management Moving from isolated, technical data to a continuous risk lifecycle can help organizations align security controls with actual business consequences. (Steve Durbin) Flipboard Reddit Whatsapp Whatsapp Email