Artificial intelligence security startup Xbow valuation exceeds $1 billion According to TechFlow on March 18th, Xbow, a startup that builds artificial intelligence software to detect application security vulnerabilities, has completed a new round of funding with a valuation of over $1 billion, demonstrating investors' enthusiasm for using artificial intelligence in the field of cybersecurity. Xbow announced on Wednesday that DFG Growth and Northzone led the $120 million financing deal. Other investors include Alkeon Capital and Sofina, as well as existing investors Sequoia Capital, Altimeter Capital, and NFDG. This startup currently has around 150 employees and is expected to reach several hundred by the end of the year. Xbow CEO De Mole stated that Xbow has over 100 customers, including Moderna and Samsung Electronics, and has seen strong demand in South Korea.