Israeli AI security startup Bay raises $50 million

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.