Oxylabs Announces $130 Million Investment From Warburg Pincus
The funding will expand capacity and support acquisitions as Oxylabs targets growing demand from AI developers, with annual recurring revenue at $350 million, the company said.
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Oxylabs raises $130M from Warburg Pincus at $3.6bn
Oxylabs has raised $130M from private equity firm Warburg Pincus. It is the company’s first outside investment since it launched in 2015. The deal values the Vilnius-based data infrastructure firm at around $3.6bn. Oxylabs announced the raise on Thursday. The figure is striking for a firm that bootstrapped its way to the top. Oxylabs says […] This story continues at The Next Web
Internet data infrastructure company Oxylabs has raised its first external investment – USD 130 million from US private equity firm Warburg Pincus. With this investment, Oxylabs has gained a valuation of USD 3.6 billion and officially became the second most valuable Lithuanian unicorn, according to a press release.
New Lithuanian unicorn: Oxylabs ends bootstrapped streak after securing €113.6 million at €3.1 billion valuation
Oxylabs, a Vilnius-based data infrastructure platform, has secured €113.6 million ($130 million) in funding from Warburg Pincus, valuing the company at €3.1 billion ($3.6 billion). This marks Oxylabs’ first external investment since its founding in 2015 and makes it the second bootstrapped unicorn to emerge from the Tesonet accelerator, a Lithuanian venture builder led by a founders’ office. The investment is being made by the Warburg Pincus Ca…
Web data scraping infrastructure startup Oxylabs reels in $130M in its first funding round
Data scraping startup Oxylabs UAB has broken into unicorn territory after raising $130 million in funding from the private equity firm Warburg Pincus LLC. The round is the first time the bootstrapped company has ever sought outside funding, and lifts its valuation to a cool $3.6 billion, it said today. The Lithuanian startup provides artificial […] The post Web data scraping infrastructure startup Oxylabs reels in $130M in its first funding roun…
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