A cutting-edge AI venture, dedicated to bolstering national digital defenses, has secured a substantial $100 million in funding, propelling its market valuation to an impressive $1.1 billion.
Dream, a pioneering force in cybersecurity originating from Israel, successfully closed its $100 million Series B funding round, with Bain Capital Ventures leading the charge. Other notable investors included Group 11, Tru Arrow, Tau Capital, and Aleph, reports AI Business.
The company has outlined its strategic plan to utilize the newly acquired capital to further refine its product offerings and aggressively expand its global footprint.
Dream’s inception was spearheaded by Sebastian Kurz, the former Austrian prime minister, alongside seasoned entrepreneur Shalev Hulio, and Gil Dolev, a renowned cybersecurity expert and former founder of NSO Group.
Dream’s innovative AI models are engineered to simulate the thought processes of both defensive and offensive cyber actors.
By seamlessly integrating advanced posture management with AI-driven predictive threat detection, the platform can proactively anticipate and neutralize threats before they materialize.
“The escalating frequency and sophistication of cyberattacks targeting our vital infrastructure pose a significant threat,” stated Kurz in the official announcement. ‘During my tenure as prime minister, I witnessed firsthand the devastating human impact of these attacks and their potential to destabilize entire societies. By establishing Dream, we are committed to equipping nations to counter what has become the paramount national security challenge of our time.
This substantial financial infusion is poised to expedite the development of Dream’s groundbreaking cyber language model, which the company hails as a ‘first-of-its-kind suite of language models meticulously trained for cybersecurity operations.’
“Acknowledging that cybersecurity challenges are predominantly articulated through textual and data-driven formats, these specialized models are designed to comprehend and act upon cyber intelligence – encompassing everything from code and logs to threat intelligence – thereby automating intricate security protocols that traditionally necessitate human proficiency and intervention,” the company stated.
