Mave Closes $34 Mn to Expand AI-Powered Security Operations Platform

The funding includes a $28 million Series A round led by Red Dot Capital Partners, with participation from Lumir Growth Partners. The company also secured a $6 million seed round led by Dell Technologies Capital and Emerge Ventures.

Based in Tel Aviv, Mave develops software that connects existing enterprise security tools into a unified system. Its platform helps security teams investigate threats, identify suspicious activities, improve threat detection, and carry out approved responses.

AI-Powered Security Operations

Mave uses AI agents to work across an organisation’s existing security systems and data. The platform gathers information from connected tools to help security teams investigate incidents, hunt for threats, and identify gaps in their security coverage.

The system also allows teams to ask security-related questions in plain language and examine the evidence behind its findings. According to the company, its technology is designed to work with existing infrastructure without requiring organisations to move all their security data into a central database.

Funding to Support Expansion

Mave will use the new funding to strengthen its AI research, expand its platform’s capabilities, and increase its international presence. The company also plans to more than double its workforce, with a focus on AI research and go-to-market operations.

The startup said its platform is already operating across more than 200 security operations centres (SOCs). It also reported adoption by Fortune 200 companies and global managed security service providers (MSSPs), including organisations in regulated financial and healthcare sectors.

About Mave

Founded by Raziel Oren and Guy Eshel, Mave is a Tel Aviv-based cybersecurity company developing AI-powered software for security operations. Its platform connects existing security and IT tools to support threat detection, investigation, threat hunting, and incident response while allowing security teams to control how actions are executed.

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