Oxylabs, a Vilnius-based data infrastructure platform, has announced it has secured €113.6 million in funding from Warburg Pincus, valuing the company at €3.1 billion. The Series C+ round marks the Lithuanian startup’s first external investment since its founding in 2015, signaling significant momentum in the competitive web intelligence sector.
The funding will support Oxylabs’ expansion across multiple fronts, including the advancement of its core technology platform, geographic market expansion, and potential strategic acquisitions and partnerships. Founded nine years ago, the company has built itself into a data infrastructure provider focused on delivering real-time web intelligence capabilities to enterprises relying on artificial intelligence and machine learning applications.
A Market Shift Toward Real-Time Data
Vytautas Savickas, Chief Executive Officer of Oxylabs, commented on the investment’s significance, stating: “The next generation of AI won’t be powered by static indexes that only capture yesterday’s internet. The future belongs to the live infrastructure that grounds these systems in real-time, interruption-free knowledge.” His remarks underscore a critical shift in how organizations are approaching data collection and AI model training, moving away from static datasets toward continuous, real-time information streams.
The timing of Oxylabs’ funding round reflects broader industry recognition that enterprises require dynamic, current data to effectively train and operate modern artificial intelligence systems. As AI applications become increasingly prevalent across sectors, the demand for reliable, up-to-date web intelligence infrastructure has grown correspondingly.
Strategic Positioning in a Growing Market
Warburg Pincus, a global private equity firm with significant experience in technology infrastructure investments, led the funding round. The decision by such a prominent investor to back Oxylabs represents validation of the company’s business model and market opportunity. Web intelligence and data infrastructure platforms have attracted growing attention as organizations seek competitive advantages through access to real-time information and sophisticated data processing capabilities.
The company’s decision to remain bootstrapped until this point demonstrates a disciplined approach to capital management. Having built sustainable operations over nearly a decade without external funding, Oxylabs enters this new phase of growth from a position of operational maturity and proven market demand.
European Startup Ecosystem Context
Oxylabs’ significant funding round adds another notable success story to Lithuania’s emerging technology sector. The Baltic nation has increasingly positioned itself as a hub for software and data infrastructure companies, with Vilnius serving as home to several ambitious technology ventures. The €113.6 million investment in an AI-era data infrastructure company reflects the broader European trend of investor capital flowing toward infrastructure platforms that enable next-generation artificial intelligence applications. As European technology companies mature and compete globally, such infrastructure plays become increasingly valuable, particularly those addressing the fundamental challenge of providing reliable, current information to AI systems operating at scale.