Israeli cybersecurity startup Daylight has successfully secured $33 million in Series A funding, led by Craft Ventures with contributions from Bain Capital Ventures and Maple VC. This funding round, occurring just three months after a $7 million Seed round, brings the company’s total funding to $40 million. The investment highlights the urgent demand for AI-powered security solutions as digital threats continue to rise. Founded by Hagai Shapira and Eldad Rodich, both former members of Israel’s elite Unit 8200, Daylight offers an AI-driven managed detection and response platform that autonomously identifies and mitigates cyber threats. The company serves numerous enterprises across the U.S. and Europe, including The Motley Fool, Cresta, and McKinsey Investment Office. The new capital will be used to expand in the U.S., enhance product development, and introduce new modules for identity threat response and cloud workload protection. With global cyberattacks increasing by 50% annually and the average breach costing $4.45 million, companies are compelled to modernize their security operations. Traditional security services have struggled to keep up with the sophisticated nature of AI-driven attacks. Hagai Shapira, Daylight’s co-founder and CEO, stated that the company aims to revolutionize the detection and response market by combining AI precision with human expertise.
How did Daylight manage to secure $33 million just three months after its Seed round?
