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.

Funded Recently

About Dream

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

  • $100 million Series B at $1.1 billion validated demand and investor confidence.
  • Dream reported $100 million ARR, with management expecting it to double by 2025.
  • Global expansion into governments and critical infrastructure creates large, repeatable contracts.

What critics are saying

  • Specialized cyber AI is easy for incumbents to bundle and imitate.
  • Government procurement cycles can delay multiple large deals across Europe and the Middle East.
  • Sovereign-security positioning faces scrutiny from buyers wary of Israeli-linked defense vendors.

What makes Dream unique

  • Dream built a Cyber Language Model for cybersecurity operations and OT/IT data.
  • The platform targets governments and critical infrastructure with non-intrusive deployment.
  • Founders include Shalev Hulio and Sebastian Kurz, signaling unusual sovereign-market 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

0%

1 year growth

0%

2 year growth

-1%
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

Globes
Aug 31st, 2025
Dream Security raises $45M in funding

Dream Security, an Israeli cybersecurity firm, raised $45 million in a secondary financing round at a valuation of $1.3 billion, up from $1.1 billion in February 2025. The round was led by 7GC and included investors like Tru Arrow Partners, TAU Capital, and Group 11. Secondary rounds have resurged in tech, with companies like Aramis and Exodigo also participating. Dream Security became a unicorn in February 2025 with a $100 million raise led by Bain Capital.

Business Wire
Feb 18th, 2025
Dream, the First AI Company for National Cybersecurity, Raises $100M to Defend Nations and Critical Infrastructure

TEL AVIV, Israel--(BUSINESS WIRE)--Dream, an AI company providing cyber resilience for nations and critical infrastructure, today announced a $100 million Series B led by Bain Capital Ventures at a $1.1 billion valuation. Additional investors include Group 11, Tru Arrow, Tau Capital and Aleph.

Globes
Feb 17th, 2025
Dream Security raises $100M funding round

Israeli cybersecurity firm Dream Security, co-founded by Shalev Hulio, Sebastian Kurz, and Gil Dolev, raised $100 million at a $1.1 billion valuation. The funding round was led by Bain Capital Ventures, with participation from existing investors. Dream Security's ARR is $100 million, expected to double by 2025. The company, with 150 employees, serves clients in Israel, Austria, Europe, the Middle East, and Southeast Asia, focusing on protecting critical infrastructures.

Haaretz Group
Feb 17th, 2025
Dream Security raises $100M at $1.1B valuation

Dream Security, a cybersecurity company, announced the completion of a Series B funding round, raising $100 million at a valuation of $1.1 billion. The round was led by the American firm Bain Capital Ventures.

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