| Mobile Web

Bold raises $40 million for on-device AI agent to protect endpoints

Israeli endpoint security startup Bold has raised $40 million, Business Insider reported. The company develops software that uses AI to protect devices such as corporate laptops. The round was led by Red Dot Capital Partners, with participation from Bessemer Venture Partners and Picture Capital. Bold plans to use the funds to expand in the U.S. market and grow its global business. Its core product is an AI agent installed directly on corporate devices.