An AI startup specializing in national cybersecurity has raised $100 million, bringing its valuation to $1.1 billion.
Israeli-based Dream’s $100 million series B funding round was led by Bain Capital Ventures with participation from Group 11, Tru Arrow, Tau Capital and Aleph.
The company said it plans to use the funding to enhance product capabilities and global market reach.
Dream was founded by Sebastian Kurz, former prime minister of Austria, serial entrepreneur Shalev Hulio and former founder of NSO Group and cyber expert Gil Dolev.
Dream has AI models “designed to think like both a defender and an attacker.” It fuses advanced posture management with AI predictive detection that can both anticipate and actively eliminate threats before they surface.
“Sophisticated cyberattacks on our critical infrastructure are increasing in both prevalence and complexity,” said Kurz in the announcement. “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 funding is expected to help accelerate the development of the company’s cyber language model, which the company calls a “ first-of-its-kind family of language models specifically trained for cybersecurity operations.”
“Recognizing that cybersecurity challenges are primarily expressed through text and data, these specialized models are designed to understand and act on cyber knowledge – from code to logs to threat intelligence, automating complex security tasks that traditionally require human expertise and intervention,” the company said.