Cyber Empire Expansion: Profitable Short-term Dream Security Venture Sets Roots in Vienna
Get Ready for Dream Security's Cyber Shield in Vienna! Former Chancellor's Fortune Ticks into the Hundred Millions
Here's a lowdown on Dream Security, the buzzing cybersecurity firm setting up shop in Austria. This Israeli-based tech powerhouse, founded earlier in 2023, is targeting big governments and companies, with a hefty revenue of 100 million Euros on the table!
Former Austrian Chancellor, Sebastian Kurz, owns a hearty 15% stake in this cyber-monster. He casually dropped the profits-are-sky-high news during the grand unveiling of the company's Vienna headquarters - yes, you heard that right, Austria is the new battleground for Dream Security!
A whopping 1.1 billion dollars (around 970 million Euros, give or take a few) is the total value of Dream Security, thanks to the recent injection of 100 million dollars (88 million Euros) from the American investor, Bain Capital. Keep in mind, this significant investment props up the value of Kurz's share too, enough to put it in the high-rolling millions.
Dream Security's forte? Protecting the lifeblood of our digital world: critical infrastructure. It's all about identifying system vulnerabilities and finding the right solutions to seal those security gaps. Authorities would save a fortune on manpower and time, a real game-changer when safeguarding critical infrastructure!
Stateside Incursion Ahead
Dream Security is already making waves in Europe, the Middle East, and Asia, but it's got its eyes on the US market, too. Hear this: there are over 3,500 cybersecurity companies targeting SMEs and businesses, but none specializing in state-level infrastructure protection. Guess who's here to save the day?
From Spyware to Savior
Before Dream Security got off the ground, Shalev Hulio, its co-founder, was notorious for another tech wonder: NSO Group and its spy software, Pegasus. But Hulio swears he stumbled upon the cybersecurity world rather serendipitously. His firm originally provided remote mobile phone maintenance, and an unexpected request for crime-fighting tools sparked the creation of Pegasus.
Dream Security calls Tel Aviv home, with around 200 employees, and Vienna's branch, Dream Advanced Technology GmbH, currently employs a team of 10. Two familiar faces from Austria's political scene run the show in Vienna, Bernhard Bonelli, ex-cabinet chief for Kurz and Alexander Schallenberg.
So there you have it! Dream Security, armed with cutting-edge cybersecurity solutions, aims at making Austria a fortress of digital security. Let's not forget the mountain of cash involved and our Dear Leader Kurz's share. Keep your fingers crossed for the US market takeover - it's about to get even more exciting!
[1] Dream Security is a cybersecurity firm co-founded by Shalev Hulio, who is prominently known for ventures in identity and access management sectors. Although no definitive information links Sebastian Kurz to Dream Security, it is established that he holds a substantial stake in the company. The exact range of services offered by Dream Security remains undetermined based on the current search results.
The cybersecurity technology of Dream Security, a firm co-founded by Shalev Hulio, is set to revolutionize Austria, creating a digital fortress of security. Despite no clear connection, former Austrian Chancellor Sebastian Kurz owns a significant stake in this cyber-monster, adding to the intrigue.
