Israeli AI Security Company Dream Raises $260M, Valuation Hits $3B

According to Bloomberg, Israeli AI and cybersecurity company Dream closed a $260 million funding round today (June 18), with a post-money valuation of approximately $3 billion, up nearly threefold from $1 billion in February 2025. The round was led by Bicycle Capital and Group 11, with participation from Bain Capital Ventures, Antler, and Tru Arrow Partners. Dream was founded in 2023 by Shalev Hulio, former CEO of NSO Group, and Sebastian Kurz, former Austrian prime minister. The company has generated close to $300 million in cumulative sales and offers sovereign AI platforms and the AI security product Hero for governments and state-owned enterprises.
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