Forwarded from Pegasus NSO & other spyware
Israeli 'unicorn' co Dream Security raises $100m at $1.1b valuation
Company #DreamSecurity, which was founded by former spyware company #NSO Group CEO Shalev Hulio, former Austrian Chancellor, Sebastian Kurz, and Gil Dolev, has raised $100 million at a company valuation of $1.1 billion.The startup sells cyber protection systems to companies with complex or old physical infrastructures, such as gas rigs, electricity companies and nuclear reactors.The company is also popular with state cybersecurity systems, which strive to protect national infrastructures.
Before the current financing round, the company's valuation was $54 million, according to PitchBook.The current financing round was led by Bain Capital Ventures, the venture capital fund founded by former US presidential candidate Mitt Romney.
The company's existing investors, Dovi Frances's Group 11, Aleph Fund, through founding partner Michael Eisenberg, James Rothschild's Tru Arrow Fund and Tau Capital, are also participating in the financing round."