Core Finance acted as the exclusive financial advisor to OctoXLabs, a next-generation cyber asset attack surface management (“CAASM”) platform, on its seed round led by Yapı Kredi FRWRD GSYF, with participation from Gelecek Etki GSYF, Türkiye Kalkınma Fonu (Teknoloji ve İnovasyon Fonu), TT Ventures GSYF, Finberg, and Maxis Ventures.
Founded in 2021 by İsmail Velioğlu (CEO), Ahmet Kotan (CTO), and Cem Miraç Kotanoğlu, OctoXLabs is a Türkiye-based cybersecurity company transforming how enterprises gain visibility and control over their digital infrastructure. As cloud adoption, remote work, and AI integration broaden the digital perimeter, the attack surface has become increasingly complex and unmanageable. OctoXLabs addresses this challenge with its cutting-edge CAASM platform that delivers real-time, end-to-end asset visibility across IT environments.
The platform leverages over 150 API integrations to collect and correlate accurate, timely, and context-rich data, enabling organizations to rapidly identify vulnerabilities, prioritize risks, and automate preemptive security actions without disrupting operations. This allows enterprises to regain command over their distributed assets and build a proactive and sustainable cybersecurity posture.
With this funding round, OctoXLabs aims to expand its presence in international markets, scale its team, and accelerate product development particularly with AI-enhanced capabilities to counter evolving and sophisticated threats. The company’s mission is to help enterprises detect risk before incidents occur and raise the global bar for cybersecurity maturity.
İsmail Velioğlu, CEO and Co-Founder of OctoXLabs, commented:
" Having experienced the challenges of enterprise cybersecurity firsthand, we set out to build a platform that solves real problems without disrupting daily operations. This investment will help us strengthen our AI capabilities and accelerate our global expansion. We’re grateful to everyone who shares and supports our vision."
The transaction is a further testament to Core Finance’s market leading position advising on fundraising rounds in deep tech transactions.