Xbow hits unicorn marks
AI security startup Xbow raised a round that values the company above $1 billion, underscoring investor focus on autonomous cybersecurity. (bloomberg.com) The round reflects a broader VC shift toward proven AI and cyber firms rather than speculative early bets. (bloomberg.com)
Xbow closed a $120 million Series C to accelerate its autonomous offensive-security platform. (bloomberg.com) The financing was led by DFJ Growth and Northzone, with participation from new backers Sofina and Alkeon Capital and continuing support from Sequoia Capital, Altimeter and NFDG Ventures. (bloomberg.com) DFJ Growth will add Ramin Sayar — the former CEO of Sumo Logic — to Xbow’s board as part of the deal. (xbow.com) Founder and CEO Oege de Moor, who says he started Xbow in January 2024, guided the company through a $75 million Series B last year led by Altimeter. (businesswire.com) Xbow describes its product as an “autonomous hacker” that continuously probes applications, saying it reached the top of the HackerOne leaderboard and is deployed at several security-focused enterprises. (businesswire.com) Company statements and investor coverage say the new capital will be used to scale product development, expand enterprise sales and push international growth. (xbow.com)
