Cybersecurity company Pluto Security reported yesterday (Tuesday) the completion of a $34 million funding round, unveiling itself to the public for the first time. The funding round was led by the American venture capital firm Jump Capital with participation from Shlomo Kramer’s Skinos Ventures and AlphaDrive Ventures, raising the company’s total investment since its founding to $42 million.
The company’s previous funding round (Seed) was led by Israeli venture capital firm TLV Partners with participation from Ansa Capital, and its investors also include entrepreneurs such as Ariel Maislos, Yevgeny Dibrov, Nadir Izrael, Sharin Fisher Dibrov, Slavik Markovich, and investors such as Assaf Ezra and Idan Tendler.
Pluto develops a platform that secures AI tools in organizations and the applications that company employees build using them. It allows information security teams to view the organization’s AI environment, from the AI tools employees use, the components and services connected to them, to the applications, agents, and automations they build. The platform analyzes the actions performed in this environment and their associated risk, enabling the blockage of dangerous actions in real time without stopping the use of the tool or application.
The platform combines information from endpoints in various organizations with real-time analysis of AI tools, the components connecting to them, and actions performed by AI agents. The combination of data allows the platform to distinguish between legitimate use and actions that create risk, enabling security teams to enforce organizational policy without unnecessarily disrupting work. For example, an employee can continue using an AI tool while a malicious skill (a digital threat) is blocked, a team can work through a trusted MCP server (an adapter connecting AI to a computer or the internet) while restricting dangerous actions, and an application built by an employee can continue operating while its access to sensitive information or credentials is blocked.
The company was founded in 2025 by Shahar Bahat, who serves as CEO, Tal Ofer Regev, CPO, and Gil Maman, CTO, and currently employs about 40 workers in Israel and the US. The raised funds are intended to serve the company for continued investment in product development, research, and expanding operations in the United States.
One of the eye-catching elements in Pluto is the design language it uses in its products and customer outreach, reminiscent of the 1990s. This comes after the company found that most information security managers in various organizations were born in the 1990s and sought a way to connect with them.
At the company’s public launch party and fundraising celebration enabling its growth, for example, this was reflected with an invitation to stream Roni Superstar and in gifts the company distributed to its clients.
Shahar Bahat, CEO of Pluto Security, told Walla: “We were looking for a way to present our vision for working without limitations, and we examined our target audience – information security managers in organizations, most of whom were born in the 1990s – and it connected because that is exactly the spirit of the 1990s: A world of unlimited possibilities.
“In a world where employees adopt AI tools and build applications with them at a fast pace, it is no longer enough to focus mainly on preventing risks and blocking problematic usage, which is why we chose to start with an understanding of what the employee is trying to do, identify the risk in the proper context, and allow them to keep working as long as the activity is safe. The same approach guides our work with the security community. We research the risks they encounter and build tools that help them deal with them. The connection between the product, the research, and the community is a central part of our rapid growth.”
Rona Segev, founder and managing partner at venture capital firm TLV Partners, added: “As AI transforms the way people work, information security teams need to understand what is truly happening and act precisely, identifying when a risk arises and intervening without blocking innovation. This approach is deeply embedded in the company’s DNA, and its growth rate shows how much it addresses a real need.”
Saaya Pal, partner at Jump Capital: “Pluto’s team identified a lack of public information about how AI tools operate inside organizations, built Plutonium – a tool based on the company’s risk registry for AI components – and opened part of the database to the community. Hundreds of security professionals use it every week, and most of Pluto’s business opportunities currently come from organizations that reach out on their own initiative. Shahar, Gil, and Tal managed to build a mechanism early on that brings customers to them. This is a capability that is very difficult to develop at a later stage, which is why we decided to lead the investment round.”
