Introducing Bay: The AI Agent Security Platform, Out of Stealth With $50M

Introducing Bay

We're witnessing one of the biggest transformations in how people work, and we're only scratching the surface of what autonomous systems will make possible.

We're moving toward a world of complete autonomy, where AI agents won't just assist us but will increasingly do the work themselves. It's an incredible shift, and one that will fundamentally change how every enterprise operates.

But while technology is moving at an unprecedented pace, security is still largely built around a world where humans make the decisions. We're giving AI agents access to our most sensitive data, applications, and infrastructure, often without fully understanding what they can do with it.

I realized just how big this gap was when Aner, Boris and I were working on a proof of concept for what was actually a completely different idea.

We were using Claude to help us build it, and at some point, the agent decided the easiest way to complete its task was to open our cloud environment to the public internet so it could access it. Nobody asked it to do that, and there was no attacker involved. It was simply trying to get the job done.

If this can happen to us, people who have spent their entire careers in cybersecurity, what's going to happen when the world's largest enterprises start adopting agents across their organizations?

That was the moment we knew we had to build Bay.

A security platform designed for a world where humans and agents work alongside each other, one that understands the context behind their actions and prevents risks before they become incidents, without slowing down the work itself.

Why calm?

The industry has become very good at selling fear. There's always another threat, another vulnerability, another reason organizations should be worried. And while those risks are real, I don't believe adding more fear and complexity is what we need.

I've seen firsthand how much security teams already carry on their shoulders, and I have tremendous respect for the people responsible for keeping organizations safe while the business around them keeps moving faster.

We wanted Bay to represent something different. Calm, confidence, and the feeling that someone actually understands your challenges and is helping you solve them.

To me, calm isn't about pretending the risks don't exist. It's about having the visibility, control, and confidence to move forward despite them.

Building the future of work together

Today, we're announcing Bay and $50M in funding, led by Battery Ventures, YL Ventures and Striker Venture Partners, with participation from M12 and Micron Ventures. 

What excites me most isn't the funding itself. It's seeing organizations embrace a future that, not long ago, seemed impossible, and knowing that we're helping them get there. To our customers: we’re building this product together. Thank you. 

We're still at the very beginning of this transformation, and there is so much we have yet to learn. The future of work will be autonomous, and security has a responsibility to make that future possible rather than stand in its way.

The next wave is coming. Keep Calm and AI On.

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