From Business Insider · Alice Tecotzky · · 1m 20s
Mave raises $34 million for AI-powered security
An Israel-based startup that uses AI agents to manage cybersecurity operations has closed a Series A round as threats accelerate.
In brief
An Israel-based startup that uses AI agents to manage cybersecurity operations has closed a Series A round as threats accelerate. Mave, an Israeli cybersecurity startup using AI agents to counter AI-powered attacks, raised thirty four million dollars in Series A funding led by Red Dot Capital Partners. Originally…
Mave closes $34 million Series A
Mave, an Israel-based cybersecurity startup, raised thirty four million dollars in Series A funding led by Red Dot Capital Partners with participation from Lumir Growth Partners.
What Mave's AI agents do
Mave's AI agents pull together information from a company's existing security systems, investigate alerts, filter out false alarms, and take actions approved by human teams.
The problem Mave solves
Cofounder and CEO Raziel Oren said attacks can happen much faster and on a much larger scale. You can't hire your way out of this, he told Business Insider.
“You can't hire your way out of this.”
Building trust with transparency
Oren said customers need time to become comfortable handing over security operations to agents. Mave's agents track each step of their thousands of workflows to give human employees insight.
Mave's next steps
The startup currently has thirty employees and plans to use fresh capital to expand the team, mainly for go-to-market roles and AI research.
The big picture
Mave, an Israeli cybersecurity startup using AI agents to counter AI-powered attacks, raised thirty four million dollars in Series A funding led by Red Dot Capital Partners.
