Mave: Building the Agentic SecOps System for Modern Enterprise

Mave is building an agentic SecOps system that investigates every alert across an enterprise’s security stack. Dell Technologies Capital co-led its $6 million seed round with Emerge Ventures, and Red Dot Capital Partners later led a $28 million Series A, bringing total funding to $34 million. Here’s why we backed Mave at the very beginning, and why our conviction has only grown.

First, we passed

Our first meeting with Raziel Oren and Guy Eshel did not end in a deal. We liked them a lot. Our reference calls were glowing and people who had worked with them described two of the strongest technical founders they knew. But the direction wasn't fully baked, and they hadn't yet done enough validation. We passed.

What happened next is why we're writing this post. Raziel and Guy heard similar feedback from other top-tier investors. So they stopped fundraising, went back to customers, and spent weeks sharpening the problem. When we met again, they had talked to more than 80 CISOs and SOC leaders and signed four design partners. First-time founders who take hard feedback, change course, and come back with evidence are the kind every VC wants to back. “No” became “yes” and we co-led their seed round.

The problem: security operations is stuck in the SIEM era

Security teams are drowning in alerts and tools. Mave cites that almost a quarter of security leaders name the lack of enterprise-wide visibility as the biggest barrier to effective security operations.

For two decades the answer has been the SIEM: pull everything into one expensive, centralized store and look for threats there. AI has compressed attacks from days to minutes and that model is breaking. A SIEM only holds a partial view, and the context an analyst needs to understand an incident (configuration, identity state, ownership, what is running right now) lives in other systems. Analysts end up pivoting between consoles and rebuilding the story by hand while the attack is still moving.

Every vendor racing to add AI to the SOC has the same blind spot. Next-gen SIEMs rebuild the data layer, federated search tools add yet another one, and AI MDRs sell a service on top of the SIEM. Each runs its agents inside its own ecosystem, on partial context. The problem was never collecting more data. Defenders need a complete, live understanding of their environment at the speed of the attacker.

Mave's approach

Mave starts from a simple idea: a skilled analyst with access to every security system could solve any incident given enough time. Mave turns that reasoning into software.

It queries each tool in its native language, reconciles the results into a single account of what happened, and investigates 100% of alerts within minutes. It filters out false positives, flags active campaigns, and carries out approved response actions under rules the security team sets. Purpose-built workflows, fine-tuned small models and frontier LLMs each handle the tasks they suit best, keeping cost and latency low.

We believe this architecture is the moat: Mave works with any underlying model and gets smarter with every system a customer connects.

The market responds

The company began selling this year. In that time Mave has:

• Won Fortune 50 enterprise customers and onboarded global MSSPs.
• Earned the trust of highly regulated financial and healthcare organizations.
• Started closing seven-figure deals.
• Proven their technology as the last line of defense in multiple live attacks, isolating systems, disabling compromised identities and blocking malicious activity before it became a breach.

The team has grown to 20 people and plans to more than double, with hiring focused on go-to-market and AI research.

Why we're excited now

Raziel and Guy are building toward something larger than SecOps tooling: AI that is a responsible, accountable part of how an enterprise defends itself, one that shows its work and knows when a human needs to decide. Security operations is where they start.

We're privileged to partner with them again, alongside Red Dot Capital Partners and Emerge Ventures.

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