Oxylabs raises $130M at $3.6B valuation, first outside capital, betting on AI agents
Ronangmi · x · 2026-10-06
Lithuania-based data infrastructure firm Oxylabs received a $130M investment from Warburg Pincus at a $3.6B valuation — its first outside capital since founding in 2015 after a decade of bootstrapped growth.
Key facts:
- $350M ARR; platform used by 350,000+ tech teams worldwide
- CEO Vytautas Savickas: AI agents will navigate the web far more than humans ever have, making real-time, interruption-free web data infrastructure the future
- The bet: residential proxies, born from sneaker bots, are becoming key infrastructure for personal AI agents that need live open-web data
Ronangmi notes the second-largest proxy network taking outside capital signals they see a massive opportunity in agents using the web.
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