
What happened
Mave raised a $28 million Series A led by Red Dot Capital Partners, with participation from Lumir Growth Partners and existing investors Dell Technologies Capital and Emerge Ventures, bringing total funding to $34 million.
Why it matters
The fresh capital, alongside ARR growth of more than 400% over the past year, signals that Mave's approach to automating security investigations is gaining commercial traction, with the new funds earmarked for AI research, enterprise product development, and global expansion.
WHO IT HITSSecurity operations teams at enterprises and managed security service providers (MSSPs) that are struggling to manually piece together incidents across disparate tools stand to benefit from Mave's AI agents, which connect to existing security tools and automate detection, investigation, and response.
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Mave was founded last year by Raziel Oren and Guy Eshel, both alumni of the Israeli military's Unit 8200 intelligence corps. The company argues that traditional SIEM (security information and event management) systems are ill-suited to modern attacks, which can unfold in minutes rather than hours or days. SIEM tools typically hold only part of the information needed for investigation, forcing analysts to manually reconstruct events across multiple screens.
Mave's approach is to connect to the security tools a company already uses and deploy AI agents that query each tool in its native query language, then correlate the results into a single incident narrative. The system investigates all alerts within minutes, filters out false positives, and identifies related active attack campaigns. For response, security teams set rules for what can be automated and what requires human approval, and all actions are logged for later review.
According to the company, Mave is already running in more than 200 SOCs (security operations centers), including Fortune 50 companies and global MSSPs (managed security service providers), and is used in regulated sectors such as finance and healthcare. The platform has helped contain real attacks by isolating systems and disabling compromised accounts. Mave reports seven-figure dollar contracts and ARR growth of more than 400% over the past year. The platform is generally available, and the company has not disclosed its valuation.
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