Sebastian Kurz: Ex-Chancellor becomes a billionaire with cyber company Dream!

Sebastian Kurz: Ex-Chancellor becomes a billionaire with cyber company Dream!

Tel Aviv, Israel - The cyber security company "Dream", which was founded by Sebastian Kurz in early 2023, received over $ 100 million thanks to a new funding round and thus achieves an impressive market value of $ 1.1 billion. This development officially makes "Dream" a "unicorn", a start-up, the evaluation of which exceeds the billion. This round was led by the US investor Bain Capital, and other prominent investors such as Group 11, Tru Arrow, Tau Capital and Aleph are also involved, as Die Krone

growth through innovation

With around 150 employees, "Dream" has its headquarters in Tel Aviv and additional offices in Abu Dhabi and Vienna. The company specializes in the protection of critical infrastructures through the use of artificial intelligence in order to recognize and ward off cyber attacks at an early stage. According to Kurz Kurz, cyber attacks are not only a problem for the economy, but also represent one of the greatest threats to states. "Many states struggle with outdated systems that protect them inadequate," said Kurz. "We start here and develop solutions that have been trained by the best hackers in the world," says the ex-chancellor, who is now supposed to have a company share of 15 percent in "Dream", which corresponds to a value of around 150 million euros, such as OE24 noted.

The latest investments should not only accelerate international expansion, especially to the USA and South America, but also strengthen the position of "Dream" as a leading company in the field of cybersecurity. The combination of engineering and the latest technology to analyze threats in real time defines the future of cyber defense.