Oligo Security

Oligo Security

Runtime application security and observability solution that allows enterprises to detect and prevent open source code vulnerabilities. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD124—185m (Dealroom.co estimates Feb 2023.)
Glencoe Illinois (HQ)
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Oligo Security is a cutting-edge startup specializing in application security, particularly focusing on runtime security. The company offers a comprehensive security product designed to provide broad coverage and highly accurate application security (AppSec) insights. Unlike traditional security tools, Oligo's solution integrates directly into the development tools and workflows of its clients, making it easier to detect, monitor, prevent, and fix security vulnerabilities in open-source code.

Oligo serves a diverse range of clients, including large enterprises and tech companies that rely heavily on open-source software for their development needs. The market it operates in is the cybersecurity sector, specifically targeting application security and open-source vulnerability management.

The business model of Oligo revolves around a Software-as-a-Service (SaaS) platform. Clients subscribe to Oligo's services, which are delivered via the cloud, allowing for continuous monitoring and real-time security updates. This subscription-based model ensures a steady revenue stream and scalability as the client base grows.

Oligo makes money by offering tiered subscription plans, which may include different levels of service such as basic vulnerability scanning, advanced threat detection, and comprehensive security analytics. Additional revenue may come from premium features, custom integrations, and specialized consulting services.

In summary, Oligo Security provides an innovative solution for application security, focusing on runtime security and open-source vulnerability management. By integrating seamlessly into existing development workflows, Oligo helps organizations streamline their security processes without compromising developer productivity.

Keywords: runtime security, application security, open-source vulnerabilities, SaaS, cybersecurity, threat detection, developer productivity, vulnerability management, cloud-based, subscription model.