Dream, a company focused on artificial intelligence (AI)-powered cybersecurity for nations and critical infrastructure, raised $100 million in a Series B funding round to expand into additional markets in which cyber threats pose challenges to national security.

The round valued Dream at $1.1 billion, the company said in a Monday (Feb. 17) press release.

Cyberattacks on critical infrastructure are becoming more common and more sophisticated, Sebastian Kurz, co-founder and president of Dream, and former prime minister of Austria, said in the release.