CrowdStrike invests in Israeli cyber startup Above as insider threats climb the security agenda; Oligo Security doubles valuation with $60 million round

CrowdStrike's investment in Above Security aims to enhance insider threat detection capabilities, integrating Above's technology with the CrowdStrike Falcon platform. This move comes as insider threats become a pressing concern for organizations adopting AI, with Above's platform utilizing autonomous AI agents for continuous user behavior analysis.⁴⁶⁹

Meanwhile, Oligo Security has successfully raised $60 million, doubling its valuation since its last funding round. Founded by veterans of Israel's elite cyber units, Oligo's platform offers real-time protection against vulnerabilities by monitoring code behavior and blocking attacks without disrupting production environments. The company reported a remarkable 300% year-over-year increase in annual recurring revenue (ARR), indicating strong market demand for its innovative solutions.¹²⁷⁸

Nadav Czerninski, CEO of Oligo, emphasized the need for real-time visibility in the runtime environment, stating, “Organizations today face a new generation of attackers utilizing artificial intelligence who are capable of identifying and exploiting vulnerabilities rapidly.” This sentiment is echoed by Aviv Nahum, co-founder of Above, who noted, “Today’s insider risk won’t be solved through policies alone, it will be solved through investigation.” As cybersecurity threats evolve, both companies are positioned to address the growing challenges in the sector.

The investment in Above follows its emergence from stealth mode with a $43 million Series A round, highlighting the increasing focus on insider risk management as organizations navigate the complexities of modern cybersecurity.⁵