Israeli AI Cybersecurity Firm Mave Security Raises $34 Million
Translated & summarized from Bizportal by baba
Israeli cybersecurity startup Mave Security has raised $34 million in funding, including a $28 million Series A round led by Red Dot Capital Partners. The company utilizes AI agents to investigate cyberattacks by correlating data from disparate security systems, aiming to provide faster and more transparent incident response. Mave's solution is reportedly deployed in major corporations and aims to expand its global market presence. The funding will support R&D, product enhancement, and team growth.
The story in 6 lines · by baba
- Mave Security, an Israeli AI cybersecurity firm, has raised $34 million in funding.
- The Series A round of $28 million was led by Red Dot Capital Partners.
- Mave uses AI agents to investigate cyberattacks by correlating data from multiple security systems.
- The company aims to provide faster incident response and transparency in security operations.
- Mave reports deployments in Fortune 50 corporations and significant ARR growth.
- The funding will be used for R&D, product improvement, and international expansion.
Israeli cybersecurity startup Mave Security, founded in early 2025, has emerged from stealth mode having secured $34 million in funding. The company announced a $28 million Series A round led by Red Dot Capital Partners, with participation from Lumir Ventures. Dell Technologies Capital and Emergy Ventures, who invested $6 million in the seed round, also contributed to the new funding. Mave plans to use the capital to expand its research and development team, enhance its product, and grow its presence in international markets.
Mave's solution addresses the challenge of fragmented security data within large organizations. When a cyberattack occurs, information needed for investigation is spread across numerous defense systems, forcing security analysts to manually piece together event sequences. Mave's platform connects via APIs to existing security tools without duplicating data, using AI agents to query each system in its native language. These agents correlate findings and continuously monitor for environmental changes, enabling rapid analysis of alerts, filtering of false positives, and automated response actions like disconnecting compromised servers or blocking breached accounts, if pre-authorized.
According to the company, its system provides transparency by explaining the AI's decision-making process and identifying when human judgment is required. Mave is initially focusing on SecOps but aims to enable AI-driven security decisions with human oversight. The company reports that its system is already deployed in several Fortune 50 corporations, managed security service providers serving hundreds of clients, and in highly regulated financial and healthcare organizations. Mave also lists the Tel Aviv Stock Exchange and Cato Networks among its clients, reporting million-dollar contracts and over 400% growth in annual recurring revenue (ARR) in the last six months.
Co-founder and CEO Raziel Oren previously led market entry for Wing Security, and CTO Guy Eshel was a senior executive at Altria, which was acquired by Chainalysis. Both are former IDF Unit 8200 veterans. Mave currently employs over 30 people, primarily in Israel, with plans to double its workforce and expand its Israeli development center. Red Dot Capital Partners, a Tel Aviv-based early-stage growth fund, noted that Mave allows security operations to run on top of existing infrastructure without requiring data centralization, a key advantage in the evolving landscape of AI agents within organizational environments.