Autonomous offensive security company XBOW raised $120 million in a Series C round to scale its AI-driven platform that discovers and validates software vulnerabilities autonomously. The funding, led by DFJ Growth and Northzone and valuing XBOW at over $1 billion, will accelerate product innovation, international expansion, and efforts to keep defenders ahead of AI-enabled attackers. #XBOW #HackerOne
Keypoints
- XBOW raised $120 million in a Series C round at a valuation above $1 billion.
- The round was led by DFJ Growth and Northzone with participation from firms including Sequoia Capital and Alkeon Capital.
- The AI platform autonomously discovers and validates vulnerabilities by executing targeted attacks and real exploitation.
- XBOW validated its approach by reaching the top of the HackerOne leaderboard and deploying at security-forward companies.
- Founded by Oege de Moor with CISO Nico Waisman, the company trained its system using a team of human hackers.
Read More: https://www.securityweek.com/autonomous-offensive-security-firm-xbow-raises-120m-at-1b-valuation/