Israeli Cybersecurity Firm Mave Raises $28 Million to Automate Security Investigations

Israeli cybersecurity company Mave has raised $28 million in a Series A funding round led by Red Dot Capital Partners, bringing its total funding to $34 million, including a $6 million seed round, according to Calcalist Tech.

The company was founded in 2025 by CEO Raziel Oren and CTO Guy Eshel, veterans of Intelligence Unit 8200. It develops an AI-driven platform to automate security investigations across various tools used by large enterprises.

The company says its platform connects to existing security tools without moving data to a new repository, investigates alerts in minutes, filters out false positives, and executes approved response actions, complete with a traceable audit log for each investigation.

Mave works with Fortune 50 companies and managed security service providers, stating that its annual recurring revenue grew by over 400% in six months and that it plans to more than double its team size, focusing on sales and AI research.

What Do These Terms Mean?

Series A Round: The first major external funding round for a startup following the seed round, typically financing initial expansion.

Annual Recurring Revenue (ARR): The value of recurring subscriptions or contracts expected over a full year, used to measure the growth of software companies.

Security Information and Event Management (SIEM): A system that collects system and network logs and helps security teams detect incidents.

False Positives: Alerts that appear dangerous but are not actually real attacks, consuming security teams' time.