Female entrepreneur, Unit 8200 alumna, unveils cybersecurity company with $50 million funding

Israeli cybersecurity company Bay, led by entrepreneur Yuval Zakaria, a Unit 8200 alumna, has been unveiled with a total funding of $50 million. The company developed a system for securing AI agents in organizations, and its investors include Assaf Rappaport, CEO of Wiz.

Israeli cybersecurity company Bay, which developed a system for securing the activities of artificial intelligence agents in organizations, has been unveiled with a total funding of $50 million, just nine months after its founding. The funding includes a $37 million Series A round led by Battery Ventures with participation from Micron Ventures, the investment arm of Micron Technology, which is also a customer of the company. Previously, Bay raised approximately $13 million in a seed round led by YL Ventures and Striker. Private investors include Assaf Rappaport, CEO of Wiz; Jitu Patel, Chief Product Officer at Cisco; and Manoj Apte, former Chief Security Officer at Zscaler. The company operates in the field of AI agent security, and its system checks actions in real time before execution. Bay serves dozens of organizations worldwide, including Wix, ClickUp, and Micron. The company was founded by Yuval Zakaria (CEO), Aner Morg (VP Product), and Boris Danilovich (VP R&D). Zakaria served as an intelligence officer in Unit 8200. The company employs about 35 people, most of them in Israel.