Oligo raises $60 million after breaching Apple and Meta

Three childhood friends from the cyber unit of Aman, Israel's military intelligence directorate, closed a Series B round of $60 million led by Ballistic Ventures, with participation from Greenfield, Red Dot, Lightspeed and TLV Partners. Yasmine Lokc and Eyal Waldman joined as angels. Total funding now stands at $140 million. Oligo employs 100 people, 70 in Israel and the remainder in the United States.

Oligo sells runtime protection that does not touch source code. The system builds a behavioral profile for each library and can block exploit attempts at the application level without taking the app offline. “There is no other solution today that blocks Exploit at the application level without disabling it,” says CEO Nadav Cherninski. The implication is that security teams stop chasing static CVE- and focus only on vulnerabilities that are truly exploitable in their environment, including those that lack a patch.

In the past year the company disclosed vulnerabilities in Meta’s Llama model and Apple’s AirPlay protocol that enabled remote code execution. The findings were not academic reports; revenues were cut within 12 months, according to Cherninski, as more CISOs recognize that the window between vulnerability disclosure and AI-bot exploitation has shrunk to near zero. The newly launched product can actively block unknown (Zero-day) flaws without downtime, precisely at the point where security ceases to be a development bottleneck.

The current round provides ammunition to expand U.S. sales and continue developing the automatic detection engine. Backed by Lightspeed and TLV Partners, with an angel roster that includes Waldman and Lokc, Oligo positions itself as a direct competitor to Palo Alto Networks and Wiz for an organization’s runtime budget, without the need to replace agents or rewrite pipelines.