The Israeli cybersecurity startup announced the successful raising of $34 million in funding. This round was a Series A of $28 million, led by the fund Red Dot Capital Partners. Representatives from Lumir Growth Partners also participated in the investment.
The company plans for its solutions to enable security teams to respond faster as cyber threats become more complex. Previously, Mave had raised $6 million in seed funding from Dell Technologies Capital and Emerge Ventures.
The funds will be directed towards developing products for the corporate sector and conducting artificial intelligence research, as well as implementing expansion plans. Mave's AI-based tools are designed to reduce the time analysts spend gathering evidence and analyzing alerts.
Mave was founded in 2025 by CEO Raziel Oren and CTO Guy Eshel, who co-founded the company. Both founders previously served in Israel's intelligence unit 'Unit 8200', providing the company with deep expertise in corporate security operations.
Large organizations often use dozens of different security tools. Incident information can be scattered across identity systems, endpoints, and cloud environments. Analysts have to consolidate these disparate data sources before making decisions on further actions.
Traditional Security Information and Event Management (SIEM) systems provide a unified view of collected data, but they may not contain all the necessary information to understand an active incident. This forces analysts to manually check threats across multiple platforms.
Mave's AI agents integrate directly with existing security systems. They query data from each tool, collect relevant information, and consolidate the results within a single investigation. The platform is also designed to filter false positives and detect activity related to potential attacks.
The system is capable of executing approved response actions according to rules set by security teams. These actions can include isolating affected systems, disabling compromised accounts, and blocking malicious activity. Human oversight remains critical when approval or judgment is required.
According to Mave, its platform is already used by 50 companies and global managed security service providers. These implementations help protect hundreds of clients, including organizations operating in regulated financial and medical sectors.
The company reports that its annual recurring revenue has grown by over 400% in the last year and is closing seven-figure deals. These metrics attract commercial attention, even though the absolute revenue volume is not disclosed.
The fundraising comes amid a growing number of AI-driven attacks against organizations. AI-based cyberattacks can develop significantly faster than security teams can conduct manual investigations. Mave believes that agentic systems will help organizations cope with this increasing volume of threats.
The new funding will be used to develop the research platform and strengthen the enterprise platform, as well as for international scaling, as interest in automated security operations continues to grow. The company currently has about 30 employees and plans to double its staff over the next three years, adding specialists in go-to-market and AI research.
The Israeli development center of the company will play a key role in this growth. Like other firms creating AI-based security devices, Mave operates in a competitive environment. The success of Mave's enterprise segment depends on the reliability of investigations, openness of choice, and restraint in response measures.