Israeli startup Dream raises $260M, hits $3B valuation global

Israeli cybersecurity startup Dream has successfully raised $260 million in funding, increasing its valuation to $3 billion. The funding round was co-led by Bicycle Capital and Group 11, with contributions from various investors. Founded in 2023 by Shalev Hulio (ex-CEO of NSO Group), Sebastian Kurz (former Austria Prime Minister), and Gil Dolev (CTO), the company aims to enhance its platform's deployment globally.

Dream has developed three key AI platforms for national cyber defense: Sphere (cyber threat defense), Hero (vulnerability detection), and Atlas (data management). CEO Hulio emphasizes the importance of sovereign AI for national security.