Mave, an Israeli startup that uses AI agents to investigate and respond to security alerts, has raised a $28m Series A round led by Red Dot Capital Partners. The company announced the funding on 22 October 2026.
Lumir Growth Partners joined the round as a new investor, and existing backers Dell Technologies Capital and Emerge Ventures also took part, according to the company's release. Including an earlier $6m seed round, Mave said it has raised $34m in total.
The company did not disclose a valuation.
“Security teams still investigate threats one tool at a time, manually piecing together evidence before they can reach a verdict. Attackers do not wait. Every pivot adds delay, and every delay creates risk.”Raziel Oren, Co-Founder and CEO, Mave
What Mave does
Mave sells an agentic security operations (SecOps) platform that links the security tools a large company already runs into a single system. Instead of copying security data into a central store such as a SIEM, it queries each tool through that tool's own interface and then reconciles the answers into one account of an incident, SiliconANGLE and Calcalist reported.
The company said the platform looks into every alert within minutes, discards false positives and flags alerts that belong to an active attack campaign. It can also take response actions, but only within rules set by the customer's security team, and it records each query, decision and action so that its work can be traced. Mave said it combines purpose-built workflows with fine-tuned small language models and frontier large language models. The product is generally available.
Mave said its customers include Fortune 50 companies and global managed security service providers, which use it to protect hundreds of their own clients, and that it runs in regulated financial and healthcare settings. The company said its software has helped contain live attacks by isolating systems and disabling compromised identities. These claims come from the company and were not independently verified in the reports.
Founders and growth
Mave was founded in 2025 by Raziel Oren, its chief executive, and Guy Eshel, its chief technology officer. Both served in the Israeli military's Unit 8200. Oren previously led go-to-market at Wing Security. Eshel was the first employee at Alterya, a fraud-detection startup, where he rose to vice president of R&D before Chainalysis bought the company.
Mave said its annual recurring revenue grew more than 400%, and that it is closing seven-figure deals. The release and SiliconANGLE put that growth over the past year, while Calcalist said it happened over the past six months. The company did not disclose revenue figures.
Reports also differed on headcount. The release said Mave has more than 30 employees, while SiliconANGLE put the figure at about 20. SiliconANGLE and Calcalist said the company plans to more than double its team, mostly by hiring go-to-market staff and AI researchers.
"Attackers do not wait," Oren said in the release, arguing that analysts still work through threats one tool at a time.
What the money is for
Mave said the funding will go to frontier AI research, its enterprise products and a wider global presence. Calcalist added sales and marketing and engineering to the list, and reported that the company's Israeli development centre will remain central to its growth. Oren told Calcalist that Mave wants to grow while keeping financial discipline and solid margins.
Atad Peled, a partner at Red Dot Capital Partners, said in the release that both incumbent SecOps platforms and the startups that tried to replace them treat coverage as a budget decision, and that neither was built for a world run by AI agents.
The funding so far
Before the Series A, Mave raised a $6m seed round. The sources disagree on who led it: the company's release said Emerge Ventures led the seed, while SiliconANGLE and Calcalist described it as co-led by Dell Technologies Capital and Emerge Ventures. None of the sources gave a date for the seed round.
With the new money, Mave's total funding stands at $34m.
Company website: mave.com
