Dream Security Ltd.
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Native name | דרים סקיוריטי |
|---|---|
| Private | |
| ISIN | 🆔 |
| Industry | Cybersecurity, Sovereign AI, Artificial Intelligence |
| Founded 📆 | 2023 |
| Founders 👔 | Shalev Hulio, Sebastian Kurz, Gil Dolev |
| Headquarters 🏙️ | , Tel Aviv , Israel |
Area served 🗺️ | |
Key people | Dovi Frances – founding investor, largest shareholder |
| Members | |
Number of employees | 350 |
| 🌐 Website | https://dreamgroup.com |
| 📇 Address | |
| 📞 telephone | |
Dream Security Ltd. (trade name: Dream) is an Israeli cybersecurity company founded in 2023.[1]. The company develops cyber defense and artificial intelligence systems for governments and national infrastructure organizations[2].
History
The company was founded in January 2023 by Shalev Hulio, former CEO of NSO Group, who serves as CEO; Sebastian Kurz, former Chancellor of Austria, who serves as chairman; and Gil Dolev, who serves as CTO. The company's offices are located in Tel Aviv, Vienna, and Abu Dhabi[3].
Hulio is best known internationally as the co-founder of NSO Group, an Israeli cybersecurity company whose Pegasus spyware became the subject of extensive global media coverage and investigations across Europe, the United States and the Middle East. Unlike NSO, Dream Security focuses on defensive cybersecurity, developing systems to protect government networks from cyberattacks[2].
Kurz served as Chancellor of Austria from 2017 to 2021, becoming the youngest head of government in the world at the time of his first election. He met Hulio in 2022 during a car journey from Ben Gurion Airport, and the two subsequently co-founded Dream Security the following year[4].
Dream's board includes Enrique Salem, a partner at Bain Capital who formerly served as CEO of Symantec and as an adviser to President Obama[5].
The company serves governments and critical infrastructure organizations in Europe, the Middle East, Asia and the Americas. As of 2026, the company employs approximately 350 people, has accumulated orders totaling $300 million, and has raised a total of $412 million[6].
In June 2026, the company reported detecting and disrupting a large-scale Iranian cyberattack on embassies in Cairo during ceasefire negotiations between Israel and Hamas[7].
Funding
Upon its founding, the company raised initial capital of $20 million in a round led by founding investor Group 11, the venture capital firm of Dovi Frances[8].
In November 2023, the company raised a Series A round of $35 million, led by Group 11 and Aleph, the fund co-founded by Michael Eisenberg[9].
In February 2025, the company completed a $100 million funding round, led by American venture capital firm Bain Capital Ventures, with participation from Group 11, Aleph, Tru Arrow, and Tau Capital, at a valuation of $1.1 billion, making it a unicorn company[10].
In June 2026, the company raised $260 million at a company valuation of $3 billion. The round was led by growth fund Bicycle Capital, managed by Shu Nyatta[11], co-led with Group 11 of Israeli-American investor Dovi Frances, the company's largest shareholder, who has invested a total of $109 million in the company to date[12]
References
- ↑ Scheer, Steven (June 18, 2026). "Israeli cyber startup Dream raises $260 million, valued at $3 billion". Reuters.
- ↑ 2.0 2.1 Newman, Marissa (December 22, 2025). "The Rehabilitation of an Israeli Spyware Mogul". Bloomberg Businessweek.
- ↑ Wrobel, Sharon (2026-06-18). "Valued at $3 billion, Israeli cyber unicorn aims to help governments own and control their AI". The Times of Israel. ISSN 0040-7909. Retrieved 2026-06-21.
- ↑ Krieger, Candice. "From chancellor to tech entrepreneur: Sebastian Kurz's billion-dollar pivot with Israeli co-founder". Retrieved 2026-06-25.
- ↑ Shahaf, Tal; Shahaf, Tal (2025-04-19). "We've got a click: A rugged Israeli entrepreneur and a former Austrian chancellor are aiming for a Wizz-style exit". Ynetglobal. Retrieved 2026-06-25.
- ↑ Cohen, Sagi (June 18, 2026). "Former NSO Founder and ex-Austrian Leader Raise Millions for New Security Firm". Haaretz.
- ↑ Armitage, Jim (June 20, 2026). "My $3bn start-up can help fight state hackers". The Sunday Times. Retrieved 2026-06-25.
- ↑ גלעד, אסף (2022-10-12). "מייסד NSO עוזב ומקים סטארט-אפ עם קנצלר אוסטריה לשעבר | בלעדי". Globes. Retrieved 2026-06-21.
- ↑ "Ex-NSO execs raise $35m for Dream Security". Globes. 2023-11-21. Retrieved 2026-06-21.
- ↑ "Austrian ex-chancellor Kurz's cybersecurity firm says reaches $1 billion valuation". Reuters. February 17, 2025.
- ↑ "Dream Security raises $260m at $3b valuation". Globes. 2026-06-18. Retrieved 2026-06-21.
- ↑ שדה, יובל (2026-06-18). "סטארטאפ הסייבר של מייסד NSO לשעבר שווה כבר 3 מיליארד דולר". N12 (in עברית). Retrieved 2026-06-21.
External links
This article "Dream Security" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Dream Security. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
