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Dream Security, an Israeli AI cybersecurity startup, has reached a valuation of approximately $1.1 billion, entering the unicorn club. Co-founded by Shalev Hulio, formerly of NSO Group, the company focuses on defensive cybersecurity rather than surveillance.

This valuation follows a funding round led by Bain Capital and other international investors, indicating strong confidence in Dream's AI-driven strategies and the demand for sovereign-grade cyber defense. The company has also raised additional capital through secondary financing, enhancing its financial position. Despite scrutiny due to Hulio's NSO background, Dream Security promotes a different mission centered on cyber resilience as governments globally prioritize securing digital infrastructure.