Cybersecurity of the future: Sebastian Kurz opens Dream in Vienna!

Cybersecurity of the future: Sebastian Kurz opens Dream in Vienna!

On April 29, 2025, the cybersecurity company Dream ceremoniously opened its first European branch in Vienna. The company was founded by Sebastian Kurz, Shalev Hulio and Gil Dolev in 2023 and has quickly become a major player in the cybersecurity space. In fact, Dream most recently reached a valuation of $1.1 billion, indicating a successful funding round that saw it acquire $100 million from Bain Capital Ventures. Sebastian Kurz currently holds around 15 percent of the company's shares.

The grand opening took place in the Hannelore Bar in downtown Vienna and attracted numerous prominent guests from business, politics and culture, including former ministers, a federal minister, general directors and investors. Sebastian Kurz calls Dream his most important economic project and highlights that the company achieved sales of $125 million last year.

Focus on artificial intelligence

Dream's core competency is using artificial intelligence (AI) to protect governments and critical infrastructure from cyber threats. In times of geopolitical tensions, the cybersecurity market is booming and the demand for AI-powered solutions is growing rapidly. According to a survey by Bitkom from 2024, 57 percent of companies in Germany are already working intensively with AI, while 20 percent are already using these technologies.

AI can process information faster and more accurately than humans, reducing human errors. Companies are using AI in combination with traditional cybersecurity solutions for real-time threat monitoring and mitigation. AI offers key advantages, such as improved malware detection and proactive security by predicting future attacks.

Market development and challenges

Global spending on AI in cybersecurity was $4.45 million in 2024 and is estimated to grow to $133 billion by 2030. However, the industry faces challenges: more complex attacks can overwhelm existing security measures. In addition, AI tools are not only useful for defense, but can also be used for cybercrime, for example by creating deepfakes or adaptive attacks.

Training employees is also an important aspect. To effectively counter cyber threats, 73 percent of companies offer training in AI technologies. These are crucial to actively counteract threats such as social engineering.

Overall, under the leadership of Sebastian Kurz and through the use of advanced technologies such as AI, Dream is well positioned to take a leading role in the high-growth cybersecurity market. The opening in Vienna not only marks an important step for the company, but also highlights the relevance of cybersecurity in an increasingly digital and connected world.

The information was obtained through reporting by Leadersnet, ThePrint and Coursera compiled.