Core Finance served as the exclusive financial advisor for OctoXLabs during its seed funding round. The cybersecurity company, which specializes in cyber asset attack surface management, secured investment led by Yapı Kredi FRWRD GSYF, alongside participation from several other funds and venture firms.
Established in 2021, OctoXLabs addresses enterprise visibility challenges across digital infrastructure. The company’s platform utilizes over 150 API integrations to gather and correlate data, helping organizations identify vulnerabilities and automate security responses while maintaining operational continuity.
CEO İsmail Velioğlu stated: “We set out to build a platform that solves real problems without disrupting daily operations.” He emphasized the funding will accelerate their AI capabilities and worldwide market penetration.
The company intends to leverage this capital for international expansion, team growth, and enhanced product development — particularly focusing on AI-powered features to combat emerging threats.