Dream

Dream

Cybersecurity platform protecting OT/IT infrastructure

Overview

Dream Security provides cybersecurity protection for critical infrastructure by using big data and machine learning to detect, classify, protect, and respond to cyber risks in both OT and IT networks. The platform integrates easily, operates non-intrusively, and improves uptime by quickly focusing and detecting to deliver a contextualized, real-time response. It monitors dispersed systems to quickly identify breaches and destructive behavior, offering comprehensive protection without disrupting operations. Dream Security aims to stay ahead of threats, deliver valuable security insights, and simplify security management for organizations with complex, distributed environments.

About Dream

Simplify's Rating
Why Dream is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Cybersecurity

AI & Machine Learning

Company Size

201-500

Company Stage

Series D

Total Funding

$413.6M

Headquarters

Tel Aviv-Yafo, Israel

Founded

2022

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Simplify's Take

What believers are saying

  • Reuters reported nearly $300 million sales in 2025, validating demand.
  • Dream raised $260 million on June 18, 2026, lifting valuation to $3 billion.
  • Swiss, Latin American, and American expansion gives Dream fresh government pipelines immediately.

What critics are saying

  • Dream's NSO lineage triggers procurement scrutiny in Europe, America, and Gulf states.
  • Government and utility contracts concentrate revenue, making budget cycles and elections dangerous.
  • A major protected-infrastructure breach before 2027 would damage trust and freeze expansion.

What makes Dream unique

  • Dream sells sovereign AI for governments, not generic enterprise cybersecurity.
  • Atlas launched June 18, 2026, targeting critical infrastructure across Europe, Gulf, and Asia.
  • Shalev Hulio, Sebastian Kurz, and Gil Dolev give Dream rare state-security sales access.

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Funding

Total Funding

$413.6M

Above

Industry Average

Funded Over

4 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$260M
Dream

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 1%

2 year growth

↑ 4%
Associated Press
Sep 4th, 2026
Dream's Hercules model scores record 96.6% on UC Berkeley's CyberGym cybersecurity benchmark

Dream's autonomous cybersecurity system Hero has achieved a record 96.6% score on UC Berkeley's CyberGym benchmark, surpassing all previously published results from leading AI systems. The benchmark evaluates AI performance against over 1,500 real-world security challenges from open-source projects. Hero is powered by Hercules, Dream's specialised cybersecurity model built on GLM-5.2 open weights. The system operates as an autonomous research platform, orchestrating investigations across specialised AI agents and security tools to analyse code, debug software, and develop proof-of-concept exploits. The evaluation ran entirely on Dream-controlled NVIDIA infrastructure without public internet access or external AI model APIs. Dream, founded in 2023 by Shalev Hulio, Sebastian Kurz, and Gil Dolev, develops sovereign AI solutions for governments and critical infrastructure, employing approximately 350 people across Tel Aviv, Abu Dhabi, and Vienna.

Yahoo Finance
Jul 3rd, 2026
Israeli AI startup Dream eyes Latin America expansion after $260M funding round

Israeli AI startup Dream is planning Latin American expansion following a $260 million funding round that valued the company at $3 billion. The round was led by Bicycle Capital and Group 11. The Tel Aviv-based company, which provides national cyber defence and AI platforms for governments, aims to open a regional office within weeks. Co-founder Shalev Hulio cited recent election victories by Trump-aligned leaders across the region as creating favourable conditions. Possible locations include Bogotá, Mexico City, Buenos Aires and Rio de Janeiro. Latin America has become the fastest-growing region for cyber attacks according to World Bank research, whilst remaining the least protected. Recent high-profile incidents include a 2022 ransomware attack in Costa Rica that forced a national emergency declaration. Dream is already assisting some regional countries facing cyber attacks.

Startup Fortune
Jun 18th, 2026
Dream raises $260 million at a $3 billion valuation as sovereign cybersecurity AI hardens into its own asset class - Startup Fortune

Dream, the Israeli AI cybersecurity firm co-founded by NSO Group's former CEO Shalev Hulio and ex-Austrian Chancellor Sebastian Kurz, has raised $260

Bloomberg
Jun 18th, 2026
Dream raises $260M at $3B valuation for AI and cybersecurity services

Dream, an Israeli artificial intelligence company providing AI and cybersecurity services to governments and critical infrastructure operators, has raised $260 million at a $3 billion valuation, tripling its previous worth. The funding round details, including lead investors and participation from existing backers, were not disclosed. The company focuses on serving government clients and operators of critical infrastructure with AI-powered security solutions.

Startup Rise Asia
Jun 16th, 2026
Dream raises $100M in Series B at $1.1B valuation for AI-powered national cybersecurity

Dream, an Israel-based AI cybersecurity company, has raised $100 million in a Series B round led by Bain Capital Ventures at a $1.1 billion valuation. Additional investors include Group 11, Tru Arrow, Tau Capital and Aleph. Founded in January 2023 by former Austrian Prime Minister Sebastian Kurz, NSO Group founder Shalev Hulio and cyber expert Gil Dolev, Dream provides cyber resilience for nations and critical infrastructure. The company is developing a Cyber Language Model (CLM), a family of language models designed specifically for cybersecurity operations. The funding will accelerate product development and global market expansion, particularly in regions facing significant national security cyber threats. Enrique Salem, former Symantec CEO, and Shlomo Yanai, former Teva Pharmaceuticals CEO, will join Dream's board.

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