Israel-based Oxeye, an application security testing company, has raised $5.3 million in seed financing round led by MoreVC.
The latest round includes support from i3 Equity Partners, and other cybersecurity focused investors.
The company was founded by Dean Agron and Ron Vider, who both have over a decade of experience in application and cloud security.
Oxeye will use the new funding to complete product development, increase mindshare around the company’s novel approach, and expand sales, marketing and operations.
The Oxeye security testing solution is built for AppSec, Dev, and DevOps teams, helping to shift security left while accelerating development cycles, reducing friction, and eliminating risks.