Dream, an AI firm focused on cybersecurity for national defense and critical infrastructure, has raised $100m in a Series B funding round.
This significant investment was led by Bain Capital Ventures and places the company at a valuation of $1.1bn. Other key investors include Group 11, Tru Arrow, Tau Capital, and Aleph, showcasing strong confidence in Dream’s innovative approach to cybersecurity.
Dream is dedicated to reshaping cybersecurity through advanced AI technologies. The firm specializes in creating AI models that simulate the strategies of both cyber defenders and attackers. This dual perspective enables Dream to preemptively counteract threats before they can cause harm, addressing the increasing sophistication and frequency of cyberattacks.
The newly acquired funds will be used to further develop Dream’s proprietary Cyber Language Model (CLM). This groundbreaking suite of language models is specifically tailored for cybersecurity operations, facilitating rapid and accurate threat detection and response. Additionally, the investment will support Dream’s strategic expansion into new markets that face significant cybersecurity challenges, ensuring broader access to their critical services.
The funding round also marks the addition of two distinguished figures to Dream’s board of directors: Enrique Salem and Shlomo Yanai. Both bring a wealth of experience, with Salem having previously led Symantec and Yanai serving as former CEO of Teva Pharmaceuticals. Their expertise is expected to strengthen Dream’s strategic direction and global operations.
“Dream was founded to provide national cybersecurity protection tailored specifically to the needs of governments,” stated Shalev Hulio, co-founder and CEO of Dream. Sebastian Kurz, co-founder and President, added, “Our goal is to empower nations to combat the national security threats of our era, especially sophisticated cyber-attacks that can cause substantial societal disruption.”
Since its inception, Dream has rapidly gained traction, amassing over $130m in annual sales in 2024 alone, which underlines its pivotal role in global cybersecurity. Looking forward, the company aims to continue this trajectory, enhancing cybersecurity resilience on a national and international scale.
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