Israeli cybersecurity startup Dream has raised $260 million, SecurityWeek reported on June 18 local time. The investment values Dream at $3 billion and takes its total funding to more than $410 million.

The round was co-led by Baysicle Capital and Group 11. Antler, Bain Capital Ventures and True Arrow Partners also participated. Dream plans to use the funds to expand its platform in Europe, the Middle East, Asia and the Americas.

Dream was co-founded in 2023 by Shalev Hulio (샬레브 훌리오), former chief executive of the controversial spyware company NSO Group, former Austrian chancellor Sebastian Kurz (세바스티안 쿠르츠) and cybersecurity expert Gil Dolev (길 돌레프).

Its main focus is a national cyber defense platform. Sphere combines AI detection, cyber intelligence and digital twin technology to help detect and respond to nation-level cyber threats.

Hero autonomously explores security vulnerabilities and attack paths from an attacker’s perspective. Atlas helps governments turn national data into structured knowledge and run AI agents within a secure environment.

Chief Executive Hulio said, "Every country has data, but few countries protect and use it," adding, "A nation’s future must not depend on technology it cannot control itself."