Oxylabs Takes $130 Million to Accelerate Data Infrastructure

After more than a decade of weak growth, Oxylabs is getting outside capital for the first time as the rapid development of AI agents accelerates growing demand for the Internet data infrastructure the company has spent years building.

The Lithuanian-founded tech company has received a $130 million investment from the private equity firm Warburg Pincusvaluing the Oxylabs group at $3.6 billion. The deal places Oxylabs among Lithuania’s most valuable tech companies and gives the business additional capital to expand its data platform as AI developers build systems that increasingly need up-to-the-minute information from the open web.

Oxylabs says it has reached $350 million in annual recurring revenue and its platform is used by more than 350,000 technology teams worldwide. The company has been locked in since its founding in 2015, making the Warburg Pincus deal a significant shift in how it plans to fund its next phase of growth.

“As AI agents begin to navigate the web far more than humans ever have, the future belongs to the data infrastructure that supports these systems in real-time, seamless insights,” said Oxylabs CEO Vytautas Savickas.

The timing of the investment is closely related to the growing infrastructure demands across data-driven industries and especially the surrounding agent AI. AI models can contain extensive learned information, but agents designed to monitor markets, conduct research, compare products, or complete online tasks need access to constantly changing information.

This creates a different technical problem than training a model on a large collection of historical data. A real-time agent must navigate web pages, obtain current information, and continue working as the web structure changes. As more companies deploy autonomous systems, the number of car-driven interactions with the Internet could increase significantly.

Oxylabs has spent the last decade developing the infrastructure for large-scale access to public data on the web. Its global network handles billions of requests every day, while its products are used across e-commerce intelligence, cyber security, travel, brand protection and other industries where current online information can influence business decisions.

AI is now adding another source of demand to that existing market.

“The next generation of AI will not be powered by static indexes that only capture yesterday’s Internet,” Savickas said. “For it to work at enterprise scale, the infrastructure behind them is essential: the scale, speed, reliability and compatibility required to make open knowledge on the web usable in real-time production.”

Oxylabs built and is now developing its product portfolio around these requirements, including web indexing and headless browser technologies intended to support developers building AI agents and other applications that interact directly with the web.

Warburg Pincus is investing as the company looks to expand its infrastructure and strengthen its global network. The private equity firm cited Oxylabs’ technology, compliance practices and established relationships with large enterprise customers as important parts of the investment case.

“Oxylabs has established itself as a leader in data infrastructure through its sophisticated, robust and compliant technology and extensive network,” said Allison Ross, principal at Warburg Pincus. “We are excited to support the Oxylabs team as they continue to expand their offering to help their blue-chip customers access and unlock data-driven insights.”

The investment also gives Oxylabs more flexibility to pursue acquisitions and partnerships. The company acquired Webshare Software in 2022 and ScrapingBee in 2025, transactions that expanded its product offering and reach within the developer community.

Oxylabs CFO Jurgis Rudgalvis said the company plans to continue to look for corporate development opportunities that can add technologies and products to its broader ecosystem.

The decision to accept outside capital after more than 10 years is notable because Oxylabs had already achieved significant scale without institutional investment. Its revenue results, more than 160 patents and existing customer base give the company a different starting position than many AI infrastructure businesses raising capital to develop a commercial start-up market.

For Oxylabs, the new investment aims to accelerate an established business as the profile of its underlying technology changes. Web data access has long supported industries that monitor prices, protect brands, investigate threats, and analyze markets. Agent AI can deploy similar infrastructure under a much larger number of automated applications.

The deal also has significance for Lithuania’s technology sector. Oxylabs is the second unicorn to emerge from the Tesonet accelerator and, with a valuation of $3.6 billion, has become one of the most valuable technology companies in the country and perhaps the most valuable in the history of such Internet data infrastructure platforms.

“This achievement shows that Europe has the potential to build the sovereign, world-class technology that leading AI developers depend on,” Savickas said. “At the same time, it is a proud moment for Lithuania, demonstrating that market-leading companies like Oxylabs can be built from the relentless work of our talents.”

Oxylabs has yet to execute on the opportunity created by agentic AI. Developers are experimenting with different approaches to real-time retrieval and browser interaction, while questions about reliability and responsive web data access remain important as automated systems generate greater volumes of activity.

Warburg Pincus’ investment gives Oxylabs additional resources to compete as these technical standards are developed. It also gives the company its first institutional investor at a time when the infrastructure it has built over the past decade is becoming more closely tied to one of the fastest-growing areas of technology.

Oxylabs didn’t need outside capital to achieve $350 million in recurring revenue. Its decision to raise $130 million now suggests the company believes the emerging market around AI agents is big enough to justify changing a funding strategy that has worked for more than a decade.

After more than a decade of weak growth, Oxylabs is getting outside capital for the first time as the rapid development of AI agents accelerates growing demand for the Internet data infrastructure the company has spent years building.

The Lithuanian-founded tech company has received a $130 million investment from the private equity firm Warburg Pincusvaluing the Oxylabs group at $3.6 billion. The deal places Oxylabs among Lithuania’s most valuable tech companies and gives the business additional capital to expand its data platform as AI developers build systems that increasingly need up-to-the-minute information from the open web.

Oxylabs says it has reached $350 million in annual recurring revenue and its platform is used by more than 350,000 technology teams worldwide. The company has been locked in since its founding in 2015, making the Warburg Pincus deal a significant shift in how it plans to fund its next phase of growth.