Dream Security
About Dream Security
Dream Security is a Cybersecurity startup based in Tel Aviv, Israel that has raised $412M in venture capital across 2 funding rounds since 2023. The company reached Growth stage in February 2025 with a $100M round led by Bain Capital Ventures at a $1.1B valuation. Dream Security's investor base includes 7 institutional funds, with Bicycle Capital leading the most recent equity round.
Dream Security provides sovereign AI platforms and cyber defense for governments and critical infrastructure. Founded in 2023 by former NSO Group CEO Shalev Hulio, former Austrian Chancellor Sebastian Kurz, and CTO Gil Dolev, Dream enables nation states to secure their most sensitive data, transform fragmented information into actionable intelligence, and deploy advanced AI entirely under sovereign control—with zero foreign reliance or telemetry. Its product suite includes Atlas (national AI for government data), Sphere (national cyber defense), and Hero (autonomous AI vulnerability researcher). Since beginning commercial operations in late 2024, the company has secured nearly $300 million in total contract value serving governments across three continents from offices in Tel Aviv, Abu Dhabi, and Vienna.
Dream Security Funding Rounds Timeline
2 rounds · $412M raised · since 2023
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series B | February 2025 | $100M | $1.1B | Bain Capital Ventures | Group 11, Tru Arrow Partners, Tau Capital, Aleph |
| Series G | June 2026 | $260M | $3B | Bicycle Capital | Group 11, Antler, Bain Capital Ventures, Tru Arrow Partners |
Investors in Dream Security
7 institutional investors across 2 rounds
Lead investors
Co-investors
Recent news about Dream Security
Questions about Dream Security
How much has Dream Security raised?
Dream Security has raised $412M across 2 funding rounds since 2023.
Who are the investors of Dream Security?
Dream Security's investors include Bicycle Capital, Bain Capital Ventures, Group 11, Antler, Tru Arrow Partners, Tau Capital, Aleph.
When was Dream Security's last funding round?
Dream Security's most recent round was a $100M Series B in February 2025, led by Bain Capital Ventures.
What is Dream Security's valuation?
Dream Security reached a $3B valuation (unicorn status) with its Series B round in February 2025.
Where is Dream Security headquartered?
Dream Security is headquartered in Tel Aviv, Israel, and was founded in 2023 by Shalev Hulio, Sebastian Kurz, Gil Dolev.