AI Security Startup Xbow Now Valued at More Than $1 Billion

Xbow, a startup that builds AI software to probe applications for security vulnerabilities, has raised a new round of funding that values it at more than $1 billion, a sign of investor enthusiasm for using artificial intelligence in cybersecurity.

DFJ Growth and Northzone led the $120 million financing deal in Xbow, the company said Wednesday. Other participants included Alkeon Capital and Sofina, as well as previous backers Sequoia Capital, Altimeter Capital and NFDG.

Founded in 2024, Xbow is part of a crop of startups promising to use advances in AI to combat malicious actors, including those who may seize on artificial intelligence to automate ...