Cybersecurity

Bain Backs Israeli AI Cybersecurity Startup Dream at $1.1 Billion Valuation

  • Cybersecurity-focused firm raised $100 million in latest round
  • Dream targets $100 million in annual recurring revenue in 2025
Shalev Hulio, left, and Sebastian KurzSource: Dream
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Dream, an artificial intelligence company that provides cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, has raised $100 million at a $1.1 billion valuation.

Bain Capital Ventures led the round and was joined by investors including Dovi Frances’ Group 11, Tru Arrow Partners, Abu Dhabi-based Tau Capital and venture firm Aleph, Dream co-founders Shalev Hulio and Sebastian Kurz said in an interview.