0
Startups & Venture·August 4, 2026·1 min read

Oligo, which offers runtime security tools, raised $60M from Ballistic Ventures, Canon Capital, and others, bringing its total funding to $140M

Share

Oligo’s new $60M round—explicitly tied to AI speeding exploit development—shows capital is flowing into runtime security as the last line of defense. If you’re shipping AI-heavy apps, you can’t just harden the pipeline; you need live exploit detection and response wired into production.

Startups & Venture

Convex, which provides an AI-optimized application backend for developers, raised a $57M Series B led by Insight Partners, taking its total funding to $110.5M

Money flowing into “AI-optimized backends” like Convex is a bet that the real leverage is in opinionated infra that bakes in state, latency, and vector-heavy patterns for you. If you’re still hand-rolling backends for AI apps, at least benchmark these platforms before you commit to another bespoke stack.