For cybersecurity teams, the arrival of new workplace technology often creates a familiar dilemma: restrict access and risk slowing employees down, or allow adoption and accept unfamiliar risks. Artificial intelligence is making that trade-off more complicated by enabling employees to build software, launch agents, and automate tasks with tools that were not traditionally part of their jobs.
The funding announcement for Pluto Security was first reported by TechCrunch. The company has now emerged from stealth with $42 million in total funding, multi-million-dollar annual recurring revenue, and more than 1 million endpoints secured globally. Its customer base includes more than 40 enterprises, among them Oscar Health, Workato, Sixt, AlphaSense, and Fortune 500 organizations.
From Blocking to Understanding
Led by CEO and co-founder Shahar Bahat, Pluto is building a security layer for the AI workspace. Its platform is designed to give enterprises visibility, contextual risk assessment, and real-time control across the AI tools employees use, the supply chain around those tools, and the applications, agents, and automations they create.
Bahat’s description of the company’s philosophy starts with a criticism of security models that rely primarily on stopping activity.
“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,” she said.
Pluto instead seeks to understand what employees are trying to accomplish and provide security teams with context to make more precise decisions. The idea is to enable legitimate work while restricting unsafe actions, rather than treating every unfamiliar tool as a threat that must be blocked.
That philosophy extends to the company’s engagement with security professionals. Bahat said Pluto listens to practitioners, researches the risks they encounter, and creates tools intended to help them move forward safely.
The Changing Definition of an Enterprise Workspace
AI is broadening who can create software inside an organization. Claude Code, Codex, Cowork, Lovable, and Base44 allow employees to develop applications, agents, automations, and workflows without depending entirely on traditional development teams.
However, the resulting environment involves more than the initial AI application. Skills, extensions, packages, MCPs, models, and other dependencies can become part of the AI supply chain. Pluto says employees across its customer base use hundreds of supply chain components while building thousands of applications.
The company’s platform combines endpoint visibility, contextual analysis, and real-time enforcement to help security teams manage this activity. Its capabilities include blocking malicious skills, restricting unsafe agent actions, and preventing access to sensitive data or credentials without stopping legitimate work.
This approach reflects Pluto’s view that security teams need to understand how AI tools are being used, not merely maintain lists of approved and prohibited software.
A Company Growing Through Research and Community
Pluto’s development has included a focus on resources that practitioners can use outside the commercial product. Its Plutonium hub, powered by proprietary RisksDB, helps security professionals assess risks across AI supply chain components such as skills and extensions. Pluto reports that thousands of security professionals are already using and contributing to the resource.
Saaya Pal, partner at Jump Capital, cited this model as a distinguishing feature of the company.
“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.
According to Pal, hundreds of practitioners use Plutonium every week, and most of the company’s pipeline now comes inbound. She said Jump Capital led Pluto’s latest round in part because distribution is difficult to retrofit later.
The approximately $34 million financing round brings Pluto’s total funding to $42 million. Its seed round was led by TLV Partners, with participation from additional investors.
An Experienced Team With a Broader Ambition
Bahat founded Pluto alongside Tal Ofer Regev and Gil Maman. The founding team has experience spanning Microsoft, Palo Alto Networks, Bridgecrew, and Israel’s Unit 8200.
Bahat previously held senior cybersecurity leadership roles at Microsoft and Palo Alto Networks and is a Forbes 30 Under 30 honoree. Regev previously served as vice president of research and development at Palo Alto Networks, where he managed more than 150 people. Maman spent more than six years in Israeli Military Intelligence in technical leadership roles spanning advanced cyber research and security engineering.
The company has grown to more than 50 employees across the United States and Israel. Its investors include Jump Capital, TLV Partners, Skinos, AlphaDrive Ventures, Ansa Capital, MTF, and individual backers with experience across cybersecurity and technology, including Ariel Maislos, Yevgeny Dibrov and Nadir Izrael of Armis, Slavik Markovich of Descope, Asaf Ezra of Andreessen Horowitz, and Sharin Fisher Dibrov and Idan Tendler of Vine Ventures.
Making Room for AI Without Losing Control
Pluto plans to use its new capital to invest in product development, research, and U.S. expansion as the AI supply chain evolves.
Rona Segev, co-founder and managing partner at TLV Partners, said the company’s approach gives security teams a way to understand what is happening and act with precision.
“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,” Segev said.
With reported multi-million-dollar ARR, more than 1 million endpoints secured, and over 40 enterprise customers, Pluto is entering its next stage with a product built around the tension between enabling AI adoption and managing its risks. Whether that model can keep pace with the changing AI workspace will be central to the company’s continued expansion.