Vilnius-based Oxylabs has raised $130 million in its first outside investment, with private equity firm Warburg Pincus backing the web data infrastructure company at a $3.6 billion valuation.
Founded in 2015, Oxylabs provides web data access infrastructure used for AI agents, internet search, and real-time data applications. The company says it serves more than 350,000 tech teams globally and has reached $350 million in annual recurring revenue.
Oxylabs said the new capital will be used to expand its global network, advance its technology, broaden its product portfolio, and pursue acquisitions and partnerships. Planned product development includes areas such as a web index and headless browser, reflecting rising demand for infrastructure that supports AI systems with real-time access to web data.
The deal marks a notable milestone for Lithuania’s tech sector, positioning Oxylabs among the country’s most highly valued companies as investor interest grows around data infrastructure tied to the next wave of AI adoption.
Founded in 2015, Oxylabs provides web data access infrastructure used for AI agents, internet search, and real-time data applications. The company says it serves more than 350,000 tech teams globally and has reached $350 million in annual recurring revenue.
Oxylabs said the new capital will be used to expand its global network, advance its technology, broaden its product portfolio, and pursue acquisitions and partnerships. Planned product development includes areas such as a web index and headless browser, reflecting rising demand for infrastructure that supports AI systems with real-time access to web data.
The deal marks a notable milestone for Lithuania’s tech sector, positioning Oxylabs among the country’s most highly valued companies as investor interest grows around data infrastructure tied to the next wave of AI adoption.