Recent Acquisition Oxeye was acquired by GitLab Inc. for $35 million in March 2024, signaling strong industry validation and potential integration into broader DevSecOps workflows, creating cross-selling and upsell opportunities.

Cloud-Native Expertise Oxeye specializes in cloud-native application security testing and has developed a platform supporting modern software development practices, making it an attractive solution for organizations migrating to cloud environments and seeking advanced security tools.

Growth & Funding Having secured $5.3 million in seed funding and generating revenue between $10 million and $25 million, Oxeye demonstrates a solid growth trajectory and financial stability, indicating readiness for partnerships with larger security vendors or targeted enterprise clients.

Strategic Integrations Oxeye’s integration with Jira and its focus on comprehensive risk assessment for applications suggest opportunities to position its platform within existing security or development toolchains, appealing to organizations looking for seamless security solutions.

Market Positioning By focusing on shifting AppSec from vulnerability fixing to risk prioritization, Oxeye aligns with current market trends towards proactive and integrated security strategies, making it ideal for enterprises aiming to strengthen their security posture with innovative solutions.