Xbow, an AI-driven cybersecurity startup focused on identifying application
vulnerabilities, raised $120 million in a new funding round led by DFJ Growth
and Northzone, valuing the company at over $1 billion and underscoring strong
investor interest in AI for security. Additional investors included Alkeon
Capital, Sofina, and existing backers Sequoia Capital, Altimeter Capital, and
NFDG.
