Israeli AI Security Startup Bay Raises $50 Million in Funding

Israel-based AI security startup Bay announced that it has secured a total of $50 million in an early-stage funding round following a period of stealth operations.

Jerusalem-based Bay completed its $50 million early-stage funding round after operating in stealth for about a year. Of this funding, $37 million comprised a Series A round led by Battery Ventures, while the $13 million seed investment was managed by YL Ventures and Striker Venture Partners.

The company stated that it addresses a fundamental barrier in AI adoption by enabling autonomous agents to safely perform critical tasks in enterprises while allowing businesses to maintain control and accountability at a scalable level.

Bay's customers include companies such as Micron, Peloton, ClickUp, and Wix. The startup announced that it will use the funding to grow its product, engineering, sales, marketing, and customer teams in the US and Europe.