Lithuanian web scraping company Oxylabs joined the unicorn club in July 2026 after securing a 130 million dollar investment from private equity firm Warburg Pincus, valuing the company at 3.6 billion dollars. The firm, which bootstrapped for a decade without outside funding, reported approximately 350 million dollars in annual recurring revenue and serves over 350,000 technical teams across 180 countries. Founded in 2015 as part of the Tesonet ecosystem, Oxylabs has seen exponential growth with its data processing capacity growing tenfold to 1.5 million requests per second. On October 13, 2026, Oxylabs launched Source group alongside four other companies, marking an expansion phase in a sector facing regulatory risks around automated data collection.
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