Dream, an Israeli AI and cybersecurity company founded by ex-NSO Group CEO Shalev Hulio, has raised $260 million in funding at a $3 billion valuation, tripling its worth from $1 billion in 2025.
The funding round reflects growing investor confidence in Dream's focus on protecting critical infrastructure through artificial intelligence and cybersecurity solutions. The company serves governments and critical infrastructure operators, positioning itself in the expanding market for securing essential services against cyber threats.
Hulio founded Dream after his tenure leading NSO Group, the Israeli surveillance firm known for developing the Pegasus spyware platform. The new venture shifts focus toward defensive capabilities rather than offensive surveillance tools.
The valuation jump from $1 billion to $3 billion in a single year signals strong market demand for infrastructure protection services. As governments worldwide prioritize cybersecurity resilience amid rising threats, companies offering AI-driven defense solutions have attracted significant capital.
Dream's rapid ascent reflects broader trends in the cybersecurity sector, where venture funding continues flowing toward startups addressing critical infrastructure vulnerabilities. The company joins a growing roster of Israeli tech firms specializing in defense and security applications.
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