XBOW Announces $75M Series B Financing

Gunderson Dettmer represented client XBOW, a leading platform for coordinated vulnerability disclosure, in its $75 million Series B financing led by Apoorv Agrawal of Altimeter. XBOW aims to redefine the secure development lifecycle for companies by forging creative attacks and adapting what it learns from other instances to the situation at hand.

This new financing will accelerate the company’s go-to-market efforts and deepen its engineering capabilities, advancing its mission to secure the world’s software in an era of AI-powered offense.

In the announcement of the transaction, XBOW founder and CEO Oege de Moor said, “As attackers adopt AI to automate and accelerate exploitation, defenders must meet them with even more capable systems. Leading security teams now rely on XBOW to continuously test their entire application portfolio.  Instead of one-off pentests targeting a few critical systems, XBOW automatically runs expert-level attacks across all environments, in sync with development.”

The Gunderson deal team was led by Richad Hesp and included Joel Diamond, Alexandra Noymer and Shane Visram.

Companies
XBOW
Altimeter Capital Management