Israeli cybersecurity startup Dream today announced raising $260 million in a new funding round that brings the company’s valuation to $3 billion.
The company’s latest investment round was co-led by Bicycle Capital and Group 11, with additional support from Antler, Bain Capital Ventures, Tru Arrow Partners, and other investors. To date, the firm has raised over $410 million.
Founded in 2023, Dream has offices in Tel Aviv, Vienna, and Abu Dhabi, and plans to use the fresh funds to accelerate the deployment of its platform across Europe, the Middle East, Asia, and the Americas.
The company was founded by Shalev Hulio, former CEO and founder of the controversial spyware maker NSO Group; Sebastian Kurz, former Prime Minister of Austria; and cybersecurity expert and entrepreneur Gil Dolev, who serves as Dream’s CTO.
The startup has built three sovereign AI and national cyber defense platforms: Sphere, which defends against nation-state cyber threats; Hero, an autonomous AI security researcher hunting for vulnerabilities and exposures; and Atlas, which connects fragmented national data.
