Mave, which is developing an AI-driven tool to automate security investigations, raised a $28M Series A led by Red Dot, bringing its total funding to $34M (Meir Orbach/CTech)
The funding, led by Red Dot Capital Partners, brings Mave's total funding to $34 million. The company is developing AI …
Cybersecurity startup Mave has successfully raised a total of $34 million in funding, with a significant $28 million Series A round led by Red Dot Capital Partners. The company's primary focus is on developing an AI-driven platform designed to automate security investigations across the various tools used by large organizations.
Mave's CEO Raziel Oren and CTO Guy Eshel, both former members of Israel's Unit 8200 intelligence unit, aim to use the funds to accelerate AI research, enhance enterprise products, and expand internationally. The platform is already employed by Fortune 50 companies and global managed security service providers, helping safeguard numerous customers.
Mave's approach involves connecting directly to existing security tools, allowing it to query each system through its native interface, reconcile results, and assemble a unified incident account. This enables security teams to investigate threats within minutes, filter out false positives, identify active campaigns, and execute approved response actions under predefined security team rules.
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