funding3 articles
Obsidian Security Hits Unicorn Status With $85M Round Targeting AI Agent Sprawl
Obsidian Security has raised $85 million in a Series D funding round at a $1.1 billion valuation, bringing its total funding to over $200 million, with the round led by Crescent Cove Advisors. The company offers a platform that governs AI agents and SaaS applications, monitoring and enforcing policies on what agents like Microsoft Copilot and Salesforce Agentforce can access and execute within enterprise systems. The new funds will be used to accelerate expansion into agentic AI security, including added governance controls for Anthropic's Claude Code and Cowork.
Oligo Security Pulls In $60M to Guard Apps at Runtime
Oligo Security has raised $60 million in a new funding round, bringing its total funding to $140 million, with participation from several venture capital firms including Ballistic Ventures and Lightspeed Venture Partners. The Tel Aviv-based company, founded in 2022, offers a runtime security platform that provides real-time protection for application code, cloud workloads, and AI systems, helping organizations detect and block exploits, prioritize vulnerabilities, and prevent supply chain attacks. Oligo plans to use the new funding to accelerate product development and expand its global operations.
Suno Hits $5.4 Billion Valuation While Its Legal Fight With the Music Industry Grinds On
AI music startup Suno has raised $400 million at a $5.4 billion valuation — double its valuation from seven months ago — making it the highest-valued startup in the AI music space. The company boasts over two million subscribers and is on track for $300 million in annual revenue, with plans to grow its workforce by up to 70% by the end of the year. However, Suno continues to face legal challenges from major record labels Universal Music Group and Sony Music Entertainment, who allege the company used millions of copyrighted recordings to train its AI models, though Warner Music Group previously settled and signed a licensing deal with Suno in November 2025.