Key facts
- Norwest and Bessemer Venture Partners led the funding round, with Claltech participating.
- The company plans to use the funding for product development, sales and marketing expansion, and reaching more enterprise customers.
- The founders previously created Kashya and Zerto; EMC acquired Kashya in 2006, and Hewlett Packard Enterprise acquired Zerto in 2021 for $374 million.
- Dreeze says conventional backups can restore data while leaving applications unable to run because infrastructure, configurations, identities, secrets, keys, and connections are missing.
Dreeze, based in Tel Aviv, Israel, came out of stealth on Nov. 10, 2026, announcing $33 million in seed funding and launching Application Revival, a platform for cloud application recovery.
The seed round was led by Norwest and Bessemer Venture Partners, with Claltech taking part. The new capital will fund product development, sales and marketing growth, and outreach to more enterprise customers, including an expansion of sales, marketing and customer teams.
Headcount is about 70, with staff divided between Israel and the United States. Ziv Kedem and Oded Kedem started Dreeze in 2025 with Avi Raichel. Ziv Kedem holds the chief executive officer role, and Oded Kedem is chief technology officer.
The founders previously built Kashya and Zerto. EMC bought Kashya in 2006, and Hewlett Packard Enterprise bought Zerto in 2021 for $374 million. Zerto Ltd. was started in 2009. Avi Raichel took the chief operating officer role at Zerto in 2021 shortly before the sale.
Prior to the acquisition, Zerto had raised more than $200 million in equity and had thousands of customers. Dreeze is the Kedem brothers’ third recovery company.
Dreeze says ordinary backups can return data even when applications cannot run, because the infrastructure, configurations, identities, secrets, keys and connections needed to operate them have disappeared. The company calls the manual reconstruction after a restore the recovery scramble, and says it can stretch downtime to days or even weeks after data restoration.
Dreeze says a cyber attack or an AI agent mistake can leave data intact while stripping away the configurations, secrets, infrastructure and connections that an application needs to run. Restoring service may require IT teams to rebuild infrastructure, locate credentials and restore dependencies in sequence, which could add days or even weeks to downtime.
The platform targets businesses running production workloads in public clouds and at the IT teams that restore applications after outages or cyber attacks.
Application Revival discovers cloud resources and their links to applications, then creates recovery plans from the live environment as it changes. When an outage occurs, the platform automatically reconstructs the application and its supporting infrastructure, identities and connections in dependency order. Bessemer said in a blog post that the platform relies on artificial intelligence to map links between thousands of cloud resources and the applications they support, and that the picture shifts with every environment change, including changes made by AI agents.

Customers can run automated recovery tests in an isolated setting without touching production and without manual cleanup afterward. Backups of data and configuration sit in an immutable, isolated or air-gapped vault controlled by the customer, with optional replication across regions.
Application Revival is generally available to Amazon Web Services customers. Microsoft Azure support is in early access, with general availability planned for early 2027. Dreeze will exhibit at booth #2126 at AWS re:Invent from November 30 to December 3, 2026.
Ziv Kedem said that rising cyber threats and new AI risks mean enterprises should prepare for critical applications to fail. He said Dreeze wants Application Revival to become the new standard, giving companies a proven way to restore applications after incidents.
Businesses have spent years improving how they back up data, Ziv Kedem said. He said restored data does not mean a business has returned to operation.
According to Dror Nahumi, a general partner at Norwest, few teams understand the recovery problem as deeply as this one. He said the founders have spent decades building recovery technology for enterprises. Nahumi said firms need a better way to prepare for failure because cloud complexity and downtime costs are rising.
Jeremy Miller, founder and chief executive of Coravant, a Denver-based technology consulting firm, said customers find it simple to back up public cloud data but worry about restarting an entire application when they must handle every dependency in order. He said his firm wanted to work with Dreeze from the start because the company centers on that problem.
Dreeze has not published independent benchmarks, recovery-time measurements or a complete support matrix. Unite.AI says Dreeze must prove that its four capabilities work together in live customer environments. Ynetglobal says Dreeze still must show reliable recovery in interconnected enterprise environments.
Unite.AI says the market now requires recovery to cover more than the amount of protected data, because applications have added services, permissions and infrastructure dependencies. Restoring data does not always mean restoring a functioning application, and the gap can leave businesses offline for days or weeks even after backups succeed.

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