A Tel Aviv startup called Bay has come out of stealth with $50 million in funding. The company helps businesses find the AI agents running inside their systems and set limits on what those agents can do. CEO Yuval Zacharia shared the news exclusively with Axios Pro.
How the money was raised
The $50 million is made up of two rounds. One is a $37 million Series A led by Battery Ventures. The other is a $13 million seed round. Coming out of stealth means the company is now speaking publicly about its work after operating quietly.
What Bay does
An AI agent is a software tool that can take actions on its own, not just answer questions. Bay is described as an agentic cybersecurity startup. In plain terms, it aims to answer two questions for a company. Which agents are running here? And what are they allowed to do? The limits it sets are often called guardrails.
Who it affects
Any business that lets AI tools act without a person approving each step could face this problem. If no one has a full list of those tools, no one can be sure what they can reach.
What is not known yet
The material available does not say how Bay's product works, what it costs, or which companies already use it. It also does not say when it will be widely available. Those details would help a buyer judge whether it fits their needs.
The takeawayIf your business lets AI tools act on their own, make a list of them and decide what each one can access.