Business · Companies · 1 hr ago

Dell-backed Israeli AI security startup Mave raises $34 million

Dell-backed Israeli AI security startup Mave raises $34 million

Israeli AI security startup Mave raised $34 million in funding.

The company is backed by Dell, though no further details about Dell's involvement are given.

A $28 million Series A makes up part of the total funding.

Red Dot Capital Partners led that round, with Lumir Growth Partners also taking part.

The funding brings new investment to a company working in AI security, but no details are given about its products or customers.

No plans for how Mave will use the funding or what it will do next were stated.

1 source

Related