Israeli cybersecurity startup Pluto Security emerged from stealth Wednesday, announcing $42 million in total funding as it seeks to help enterprises manage the growing security risks created by artificial intelligence tools in the workplace.
The company, founded in 2025 and led by CEO and co-founder Shahar Bahat, said it had already reached multimillion-dollar annual recurring revenue, secured more than 1 million endpoints globally and attracted more than 40 enterprise customers, including several Fortune 500 companies. Its named customers include Oscar Health, Workato, Sixt and AlphaSense.
Pluto group
(Photo: Omer Hacohen)
Pluto's latest financing round raised approximately $34 million, led by U.S. venture capital firm Jump Capital, bringing its total funding to $42 million. Its earlier seed round was led by Israeli venture capital firm TLV Partners, with participation from additional investors.
The company develops security technology designed to give organizations visibility and control over the AI applications employees use, including AI coding assistants, autonomous agents and increasingly complex networks of third-party software components.
"Security has traditionally been built around stopping things, but that model breaks down when the business is moving faster than security can evaluate every new tool," Bahat said.
"We took a different approach from the beginning: understand what users are trying to accomplish, understand their intent, and give security teams the context to enable that work safely rather than simply block it."
When every employee becomes a developer
Pluto is positioning itself around a shift in how employees interact with workplace technology. AI-powered tools such as Claude Code, OpenAI Codex, Cowork, Lovable and Base44 allow workers with limited programming experience to develop applications, create automated workflows and deploy AI agents without relying entirely on traditional software development teams.
While these capabilities can accelerate productivity, they also introduce new cybersecurity vulnerabilities.
Applications created through AI tools may rely on external software packages, extensions, models and services that security teams have not reviewed. Autonomous agents can also access company information, interact with sensitive systems or execute actions on behalf of employees.
This expanding ecosystem, sometimes described as the AI supply chain, creates additional challenges for organizations seeking to protect confidential information and maintain control over their systems.
According to Pluto, employees at its customer organizations are already using hundreds of AI-related software components while creating thousands of applications.
The company's platform combines monitoring of employee devices, contextual risk analysis and real-time security controls. It is designed to identify potentially malicious extensions, restrict unsafe actions by AI agents and prevent unauthorized access to sensitive information or credentials while allowing legitimate work to continue.
A community-driven approach to cybersecurity
Beyond its commercial platform, Pluto has invested in building a community of cybersecurity professionals around research and publicly available tools.
One example is Plutonium, a free AI supply chain security hub powered by the company's proprietary RisksDB database. The service helps security teams investigate potential risks associated with AI-related software components, including extensions and agent capabilities.
Pluto says thousands of security professionals are already using and contributing to the platform, generating awareness of the company's technology and helping attract enterprise customers.
"Pluto has built a fundamentally different GTM engine for cybersecurity," said Saaya Pal, partner at Jump Capital, referring to the company's go-to-market strategy.
"The clearest example is Plutonium, their AI risk database. There was no good public data on what AI tools are actually doing inside enterprises, so the team built it and gave part of it away."
Pal said the company's ability to attract prospective customers through its research and community tools played an important role in Jump Capital's decision to lead the investment.
Rona Segev, co-founder and managing partner at TLV Partners, said Pluto's approach reflects the need for security systems capable of adapting to the rapid adoption of artificial intelligence.
"As AI reshapes how people work, Pluto gives security teams a way to understand what's happening and act with precision, rather than simply blocking innovation," she said.
Israeli cybersecurity veterans behind Pluto
Pluto was founded by Bahat, Tal Ofer Regev and Gil Maman, who bring experience from Microsoft, Palo Alto Networks, Bridgecrew and Israel's elite Unit 8200 military intelligence technology division.
Bahat previously held senior cybersecurity leadership positions at Microsoft and was named to Forbes' 30 Under 30 list.
Regev served as a vice president within one of Palo Alto Networks' business groups. Maman spent over six years in Israeli Military Intelligence in technical leadership roles focused on cybersecurity research and security engineering.
The company now employs more than 50 people across Israel and the United States.
Its investor roster includes Jump Capital, TLV Partners, Skinos, the venture capital firm associated with Israeli cybersecurity entrepreneur Shlomo Kramer, AlphaDrive Ventures, Ansa Capital and MTF.
Individual backers include Armis founders Yevgeny Dibrov and Nadir Izrael, Descope co-founder Slavik Markovich, Asaf Ezra, Sharin Fisher Dibrov and Vine Ventures' Idan Tendler.
Pluto said the new funding would support further product development, cybersecurity research and expansion in the United States as more companies integrate AI agents and automation into everyday operations.
First published: 14:16, 10.14.26