Dream Secures $100 Million Investment, Reaches $1.1 Billion Valuation in AI Cybersecurity

Summary:

Dream raises $100 million at a $1.1 billion valuation.
Bain Capital Ventures leads the funding round.
Dovi Frances' Group 11, Tru Arrow Partners, Tau Capital, and Aleph also invested.
Dream focuses on cybersecurity for governments and critical infrastructure like hospitals.

Dream: Pioneering AI Cybersecurity for Critical Infrastructure

Dream, an innovative artificial intelligence company specializing in cybersecurity services, has successfully raised $100 million in funding, achieving a remarkable $1.1 billion valuation. This funding round was spearheaded by Bain Capital Ventures, with participation from notable investors including Dovi Frances’ Group 11, Tru Arrow Partners, Tau Capital from Abu Dhabi, and venture firm Aleph.

The co-founders of Dream, Shalev Hulio and Sebastian Kurz, expressed their excitement about the future of the company and its potential to serve governments and critical infrastructure operators such as hospitals and utilities. Their focus on providing cutting-edge cybersecurity solutions is set to enhance the safety and security of essential services vulnerable to cyber threats.

Source: Bloomberg