Dream, an AI company providing cyber resilience for nations and critical infrastructure, has raised $100 million in Series B funding round led by Bain Capital Ventures at a $1.1 billion valuation.
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Additional investors include Group 11, Tru Arrow, Tau Capital and Aleph. Dream will further enhance its product capabilities and global market reach with the help of funding.
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This financing helps to speed the development of Dream’s Cyber Language Model (CLM), a unique family of language models designed exclusively for cybersecurity operations. The investment will also help the company expand into new markets, focusing strategically on areas where cyber threats continue to pose significant national security risks.
As part of this fundraising round, two respected industry leaders, Enrique Salem and Shlomo Yanai, will join Dream’s Board of Directors. Enrique Salem, a partner at Bain Capital Ventures, had previously served as CEO of Symantec and Chairman of Mediant.
Shlomo Yanai was the previous CEO of Teva Pharmaceuticals and now serves on the board of Philip Morris. Their accession to the board supports Dream’s vision of national and global cyber resilience. They will join the company’s current board members, Dovi Frances and Michael Eisenberg, and its founders.
Dream is rethinking cybersecurity with a set of unique AI models that think like both defenders and attackers. Dream established a robust data ecosystem by combining superior posture management with AI predictive detection, anticipating and actively eliminating risks before they occur.
“Never before has a company been founded with the primary mission of providing national cybersecurity protection for a country or a government,” said Shalev Hulio, co-founder and CEO of Dream. “We founded Dream to deliver a solution that truly works for nations, specifically because it was designed with their needs in mind.”
“Sophisticated cyber-attacks on our critical infrastructure are increasing in both prevalence and complexity,” said Sebastian Kurz, co-founder and President of Dream. “During my time as Prime Minister I saw firsthand how these attacks can cause real human damage, and have the capacity to disrupt society at large. By founding Dream, we are on a mission to empower nations against what is the defining national security concern of our era.”
“The Dream team has a proven track record of developing industry-leading security products and providing them to the most sophisticated customers, government leaders, as well as leading nation states,” said Enrique Salem, partner at Bain Capital Ventures. “Dream’s rapid growth in such a short time is a testament to their expertise, and I can’t think of a better team to solve the fundamental problem of incomplete visibility and too many alerts.”
About Dream
Sebastian Kurz, former Austrian Prime Minister; Shalev Hulio, serial entrepreneur, retired founder of NSO Group, and world-renowned cyber visionary; and Gil Dolev, a cyber expert, established Dream Group in January 2023. Dream Group, headquartered in Tel Aviv, Vienna, and Abu Dhabi, brings together world-class data scientists, cyber researchers, and elite AI and cybersecurity professionals.
Dream is a cutting-edge AI cybersecurity firm providing revolutionary artificial intelligence defence. Our patented AI platform delivers a single security solution protecting assets from emerging generative cyber threats. Dream’s superior AI automates discovery, risk assessment, real-time threat detection, and automatic reaction planning. With a primary focus on the “unknowns,” our AI converts data into clear threat narratives and effective protection solutions.
