Key Takeaways
- • Israeli cyber startup Mave emerged from stealth after raising about $34 million in roughly a year since its founding, including a $28 million Series A led by Red Dot Capital Partners with participation from Lumir Growth Partners, plus a seed round led by Dell Technologies Capital and Emerge Ventures, according to The Jerusalem Post.
- • Mave reports about 400% growth in annual recurring revenue run rate over the past half-year and is already signing deals worth $1 million or more with Fortune 50 companies, global security service providers, and financial institutions.
- • The company's AI-driven SecOps platform works on top of existing security tools without centralizing data or building a new database, targeting chief information security officers overwhelmed by fragmented tooling.
- • Mave has over 30 employees, mostly in Israel, and plans to double its headcount with the new funds, which will go toward AI research and development, product development, and global expansion.
- • Founders CEO Raziel Oren and CTO Guy Eshel are Unit 8200 alumni; Oren previously led go-to-market at Wing Security and Eshel was a founder and first employee of Alterya, acquired by Chainalysis in January 2025 for about $150 million.
Summary
Mave's platform connects directly to security tools already deployed within an organization, without transferring security data to a separate system or creating an additional database. According to the company, the system extracts incident-relevant information from each tool in real time, correlates the findings into a single view of an incident, and continues to pull current data during an investigation. The company primarily targets chief information security officers who, the article notes, must divide their attention across dozens of defense tools during live incidents despite efforts to consolidate them. The article cites a survey by Security Budget finding that organizations spent on average about 0.69% of annual revenue on cyber solutions, or roughly $2,300 per employee, representing about 9% to 14% of IT expenses at large and medium-sized organizations.
Mave reports approximately 400% growth in its annual recurring revenue run rate over the past half-year and says it is already signing deals of $1 million or more with Fortune 50 companies, global security service providers, and financial institutions. The company states that its AI models can investigate 100% of alerts within minutes, filter false positives, identify hostile activity, and recommend or execute responses such as system isolation or blocking a compromised identity, subject to organization-defined permissions. Every query, decision, and action is logged to support audit and tracking.
The company employs more than 30 people, most in Israel, and plans to double its team. CEO Raziel Oren, a Unit 8200 alumnus who previously led marketing and go-to-market operations at Wing Security, said the system is designed to connect fragmented incident data within minutes and to explain how the AI reaches decisions while flagging when human judgment is required. CTO Guy Eshel, also a Unit 8200 alumnus, was a founder and first employee of Alterya, which Chainalysis acquired in January 2025 for about $150 million. Red Dot Capital partner Atad Feld said existing SecOps systems were not built for environments where AI agents operate alongside people, and that Mave allows security work to be performed above existing systems without centralizing data.
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