Israeli Cybersecurity Firm Dream Raises $260M at $3B Valuation

According to Bloomberg, Dream, an Israeli AI and cybersecurity company serving governments and critical infrastructure operators, raised US$260 million at a US$3 billion valuation yesterday. The round was led by Bicycle Capital and Group 11. Founded in 2023 by former NSO Group CEO Shalev Hulio, Gil Dolev, and former Austrian chancellor Sebastian Kurz, Dream sells AI software for cyber resilience to governments and national cybersecurity agencies. The company reported sales of almost US$300 million since commercial operations began in late 2024.
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