Oxylabs, the Lithuania-founded technology company, has received a $130 million investment from Warburg Pincus, valuing the company at $3.6 billion. This marks the first time the company, founded in 2015, has taken outside capital despite reaching $350 million in annual recurring revenue and serving over 350,000 technology teams globally. The investment aims to accelerate expansion of its data infrastructure platform, which is increasingly critical as AI agents demand real-time access to dynamic web information.
The funding aligns with the growing need for robust web data infrastructure to support AI agents designed for real-time tasks like market monitoring, research, and online interactions. Unlike static AI models reliant on historical data, these agents require continuous, reliable access to current internet content. Oxylabs’ global network, which processes billions of daily requests across industries like e-commerce, cybersecurity, and brand protection, is positioned to meet this evolving demand.
“The future of AI agents depends on data infrastructure that delivers real-time, interruption-free knowledge,” said Oxylabs CEO Vytautas Savickas. The company’s portfolio, including web index and headless browser technologies, is designed to help developers build applications that interact seamlessly with the web while maintaining compliance and scalability.
Warburg Pincus highlighted Oxylabs’ technology, compliance practices, and enterprise customer relationships as key investment drivers. “Oxylabs has established itself as a leader in data infrastructure through its sophisticated, robust, and compliant technology and expansive network,” noted Allison Ross, principal at Warburg Pincus. The investment also provides flexibility for future acquisitions, building on past deals like Webshare Software (2022) and ScrapingBee (2025).
Oxylabs CFO Jurgis Rudgalvis emphasized a strategy focused on expanding its ecosystem through technology-driven acquisitions. While the company achieved significant scale independently, the capital infusion signals confidence in the vast potential of AI agent-driven markets. For Lithuania’s tech sector, this deal reinforces Europe’s ability to develop world-class infrastructure, positioning Oxylabs as a unicorn and a cornerstone of the region’s digital economy.
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