FILE PHOTO: The words "AI Artificial Intelligence", a keyboard, and a robotics hand in this illustration taken October 19, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
10 Nov 2026 09:10PM
JERUSALEM, Nov 10 : Israeli AI security startup Bay said on Tuesday it raised $50 million in early round funding after less than a year of working in secrecy with dozens of companies.
• Bay says it addresses a primary barrier to AI adoption by "allowing autonomous agents to perform business-critical work safely while enterprises retain control and accountability at scale"
• The financing includes $37 million in a Series A round led by Battery Ventures and previously undisclosed $13 million seed funding led by YL Ventures and Striker Venture Partners
• Customers include Micron, Peloton, ClickUp and Wix
• Bay said it will use the funding to expand its product and engineering teams as well as its sales, marketing and customer teams in the United States and Europe
Source: Reuters
Source: CNA
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