tech
Sebastian Kurz went from Austria's youngest chancellor to building a $3 billion AI cybersecurity startup
Backed by top investors, DREAM is expanding globally with technology designed to protect nations from state-sponsored attacks.
TL;DR
- Sebastian Kurz, at 39, is a prominent startup founder in Europe and Israel, co-founding the AI cybersecurity company DREAM.
- DREAM announced a $260 million funding round, bringing its valuation to $3 billion, with participation from major investors.
- The company's technology is designed to detect and stop state-sponsored cyberattacks using an AI model trained by experts.
- DREAM aims to make governments more independent in cybersecurity, offering solutions they own and control.
- The company has generated approximately $300 million in revenue, became profitable this year, and has around 350 employees.
- DREAM is expanding operations in Abu Dhabi and establishing an R&D center in Germany.
- Co-founder Shalev Hulio previously co-founded and led NSO Group, the company behind Pegasus spyware.
- Kurz and Hulio praise each other's skills, highlighting their complementary strengths and achievements.