Dream Security
Category: AI in Cybersecurity
AI-driven cybersecurity company ($3B valuation) protecting critical infrastructure, co-founded by former NSO Group CEO Shalev Hulio, ex-Austrian Chancellor Sebastian Kurz, and Gil Dolev Dream Security was founded in 2023. The company is led by Shalev Hulio (Co-Founder & CEO). Based in Tel Aviv, Israel (with offices in Vienna, Austria and Abu Dhabi, UAE). Team size: 101-500. Total funding raised: $415M+ ($20M Seed + $35M Series A + $100M Series B + $260M Series C at $3B valuation, June 2026; plus $45M secondary). Latest round: Series B ($100M at $1.1B valuation, February 2025). Key investors include Bain Capital Ventures, Group 11, Aleph, Tru Arrow, Tau Capital, 7GC, Bicycle Capital, Antler.
- Founded
- 2023
- Headquarters
- Tel Aviv, Israel (with offices in Vienna, Austria and Abu Dhabi, UAE)
- Team size
- 101-500
- Total funding
- $415M+ ($20M Seed + $35M Series A + $100M Series B + $260M Series C at $3B valuation, June 2026; plus $45M secondary)
Value proposition
AI-driven cybersecurity platform protecting critical infrastructure from sophisticated cyber threats, leveraging deep expertise from former NSO Group leadership and elite Israeli military tech backgrounds to provide enterprise-grade security solutions
Products and solutions
Specialized AI models, including 'cyber language models', designed to outsmart attackers.
Unique value
Dream's AI models are trained to think like both attackers and defenders, offering a proactive approach to cybersecurity.
Target customer
Critical infrastructure operators, government agencies, large enterprises requiring advanced AI-powered cybersecurity protection against sophisticated threats
Industries served
Critical infrastructure, Government, Healthcare, Energy
Technology advantage
Founded by proven cybersecurity leaders with NSO Group background (Pegasus spyware technology expertise). Access to elite Israeli military tech talent pipeline. AI-driven threat detection and response. Deep understanding of advanced persistent threats (APTs) and nation-state level attacks.
How they differentiate
Leadership team with proven track record at NSO Group ($1B+ company). Former Austrian Chancellor as co-founder brings government relationships. Focus on critical infrastructure protection. Elite Israeli military tech unit backgrounds. Unicorn status achieved in just 2 years.
Main competitors
Palo Alto Networks, Check Point, Cyberark
Key partnerships
Former NSO Group executive network, Elite Israeli military tech unit alumni, Government relationships via Sebastian Kurz (former Austrian Chancellor)
Major milestones
January 2023: Founded by Shalev Hulio, Sebastian Kurz, and Gil Dolev, November 2023: Raised $35M Series A, February 2025: Raised $100M Series B at $1.1B valuation - became unicorn, 2025: Israel's first unicorn of the year, Mid-2026: Discovered a largely autonomous AI-agent cyberattack campaign targeting Taiwan government agencies, June 2026: Raised $260M Series C at $3B valuation, led by Bicycle Capital and Group 11; plans to open Munich office, Established offices in Tel Aviv, Vienna, and Abu Dhabi
Growth metrics
Achieved unicorn status ($1.1B valuation) in 2 years. Raised $135M+ total funding. Israel's first unicorn of 2025. Team includes multiple former NSO Group executives.
Market positioning
Positioned as Israel's first 2025 unicorn, premium AI cybersecurity provider for critical infrastructure with government-level expertise
Geographic focus
Global, with a focus on expanding into the U.S. and South America.
Patents and IP
Not specifically mentioned in available sources.
About Shalev Hulio (Co-Founder & CEO)
Co-Founder and former CEO of NSO Group (controversial spyware company known for Pegasus). Led NSO through $1B+ valuations before stepping down in 2022. Veteran of elite Israeli military tech units. Over 15 years in cybersecurity and surveillance technology.
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Official website: https://dreamgroup.com/