DFG Growth and Northzone led the round, with several major investors joining as the AI cybersecurity startup said it has more than 100 customers, including Moderna and Samsung Electronics.
Xbow said it raised $120 million in a funding round valuing the AI cybersecurity startup at more than $1 billion. The round, announced Wednesday, was led by DFG Growth and Northzone, with Alkeon Capital, Sofina, Sequoia Capital, Altimeter Capital, and NFDG also participating. The company said it serves more than 100 customers, including Moderna and Samsung Electronics.