Latest news with #Cyera
Zawya
a day ago
- Business
- Zawya
Israeli data security firm Cyera raises $540mln, value doubles to $6bln
JERUSALEM: Israeli data security startup Cyera said on Wednesday it raised $540 million in a late-stage private funding round that doubled its valuation to $6 billion over the past seven months. Cyera, whose platform is powered by AI, said it would use the funds to grow and scale its data security platform and capabilities. As enterprises rapidly embrace generative AI, copilots, and foundation models, securing the data that powers those systems has become a top priority, it added. "Across the board, we're hearing the need for enterprises to push hard on AI, yet they must move fast without compromising security and control," said co-founder and CEO Yotam Segev. "Cyera's focus on data security is the most critical capability the enterprise needs to adopt AI responsibly." The round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, alongside existing investors Accel, Coatue, Cyberstarts, Redpoint, Sapphire, Sequoia Capital and Spark, the company said. In November, Cyera - founded in 2021 - raised $300 million for a total valuation of $3 billion. Cyera said that over the past 18 months, it posted 353% growth in Fortune 500 companies, expanded to 10 countries and more than doubled its size to nearly 800 employees globally. In that time it has raised $1.3 billion and its valuation has jumped 12 times.
Yahoo
a day ago
- Business
- Yahoo
AI-Native Security Leader Cyera Doubles Customer Base in Six Months, Reaching $6 Billion Valuation
Cyera plans to deploy $540 million Series E to fuel its hyper-growth and scale its data security platform and capabilities to meet growing global demand for secure, responsible AI adoption in today's AI-driven enterprise NEW YORK, June 11, 2025--(BUSINESS WIRE)--Cyera, the fastest growing data security company in history, today announced a $540 million Series E funding round, bringing its total funding to over $1.3 billion. This raise comes just six months after the previous round, and doubles the company's valuation to $6 billion. The round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, alongside existing investors Accel, Coatue, Cyberstarts, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark Capital. Cyera's AI-native platform empowers organizations to discover, classify, and protect sensitive data anywhere, enabling secure AI adoption at enterprise scale. As enterprises rapidly embrace generative AI, copilots, and foundation models, securing the data that powers those systems has become a top priority. Cyera's momentum reflects that urgency, reaching a $6B valuation in under four years, making it the fastest-growing data security company in history. "Investors are doubling down where the market is moving and where there is proven traction. AI runs on GPUs and data. Cyera's focus on data security is the most critical capability the enterprise needs to adopt AI responsibly," said Yotam Segev, co-founder and CEO of Cyera. "Across the board, we're hearing the need for enterprises to push hard on AI, yet they must move fast without compromising security and control. This funding allows us to scale our platform and team to meet the growing global demand for secure, responsible AI adoption." The company's growth over the past 18 months also highlights the scale of the opportunity ahead. In that time, the company has: Reached 353% year-over-year growth among F500 customers Acquired Trail Security to launch Cyera's Omni DLP product, a breakthrough AI-native solution that finally delivers on the promise of enterprise data loss prevention Expanded operations to 10 countries and counting; more than doubled company size, reaching nearly 800 employees worldwide; and signed major GSI partnerships to accelerate global reach Raised three funding rounds (for a total of $1.3 billion) and increased its valuation 12x This latest round will fuel Cyera's growth across its product offerings on the data security platform, through acquisitions, hiring key talent, and building out capabilities across new and existing strategic markets globally. "We backed Cyera early because we believed in the team and the vision, particularly its focus on AI adoption protecting data across the enterprise," said Steve Leightell, Lead Investor at Georgian. "We believe that Cyera is leading in the category, and we are excited to invest further to support this next stage of growth." "When we spoke to CISOs and security leaders, Cyera was the name that kept coming up," said Guru Chahal, Partner at Lightspeed Venture Partners. "What stood out wasn't just the technology; it was that customers saw Cyera as the only platform capable of securing data at the speed and scale that AI now demands." "Enterprises are drowning in data, scattered across clouds, databases, and applications, often unaware of where their most sensitive information actually lives," said Patrick Backhouse, Partner at Greenoaks. "AI has turned this blind spot into an existential risk. We believe Cyera has built the world's best data security platform, with a classification engine that is dramatically better than the rules-based paradigm, and which has earned genuine love from CISOs across industries. Truly new pillars of security are rare, but we believe data security is fast becoming one of them, and we are proud to partner with Cyera as they lead the way." Earlier this year, a number of veteran industry executives joined the company, including Sol Rashidi from AWS, Dave Rogers from Palo Alto Networks, Amit Raikar from Zscaler, and Frank Slootman's appointment to the Board of Directors. For more insight on the industry shift and what this latest raise signals, check out the blog post from Cyera CEO Yotam Segev. About Cyera Cyera is the fastest-growing data security company in the $24 billion data security market. Its AI-powered platform gives organizations a complete view of where their data lives, how it's used, and how to keep it safe, so they can reduce risk and unlock the full value of their data, wherever it is. Raising more than $1.3 billion in funding from top-tier investors including Accel, Coatue, Cyberstarts, Georgian, Lightspeed, and Sequoia, Cyera's unified data security platform helps businesses discover, secure, and leverage their most valuable asset - data - and eliminate blind spots, cut alert noise, and protect sensitive information across the cloud, SaaS, databases, AI ecosystems, and on-premise environments. Recent innovations like Cyera's Omni DLP extend this platform with adaptive, AI-native data loss protection, bringing real-time intelligence and contextual understanding to how data moves and is used across the enterprise. View source version on Contacts Longjump for Cyeracyera@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Axios
2 days ago
- Business
- Axios
Cybersecurity startup Cyera now valued at $6 billion
Data security company Cyera on Wednesday announced that it's raised $540 million in Series E funding at a $6 billion valuation. Why it matters Enterprise AI adoption is increasing data exposure risks. Zoom in: Georgian, Greenoaks, and Lightspeed co-led the round, and were joined by insiders Accel, Coatue, Cyberstarts, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark Capital. Israel-based Cyera now has raised around $1.25 billion in total funding, including a $300 million Series D round last fall at a $3 billion valuation. The bottom line: Pick an exit, any exit.
Time of India
2 days ago
- Business
- Time of India
Israeli data security firm Cyera raises $540 million, value doubles to $6 billion
Israeli data security startup Cyera said on Wednesday it raised $540 million in a late-stage private funding round that doubled its valuation to $6 billion over the past seven months. Cyera, whose platform is powered by AI, said it would use the funds to grow and scale its data security platform and capabilities. As enterprises rapidly embrace generative AI , copilots, and foundation models, securing the data that powers those systems has become a top priority, it added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play this game for 3 minutes, if you own a mouse Undo "Across the board, we're hearing the need for enterprises to push hard on AI, yet they must move fast without compromising security and control," said co-founder and CEO Yotam Segev. "Cyera's focus on data security is the most critical capability the enterprise needs to adopt AI responsibly." Live Events The round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, alongside existing investors Accel , Coatue, Cyberstarts, Redpoint, Sapphire, Sequoia Capital and Spark, the company said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories In November, Cyera - founded in 2021 - raised $300 million for a total valuation of $3 billion. Cyera said that over the past 18 months, it posted 353% growth in Fortune 500 companies, expanded to 10 countries and more than doubled its size to nearly 800 employees globally. In that time it has raised $1.3 billion and its valuation has jumped 12 times. Last October the company acquired Trail Security for $162 million.
Economic Times
2 days ago
- Business
- Economic Times
Israeli data security firm Cyera raises $540 million, value doubles to $6 billion
Cyera said that over the past 18 months, it posted 353% growth in Fortune 500 companies, expanded to 10 countries and more than doubled its size to nearly 800 employees globally. In that time it has raised $1.3 billion and its valuation has jumped 12 times. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Israeli data security startup Cyera said on Wednesday it raised $540 million in a late-stage private funding round that doubled its valuation to $6 billion over the past seven whose platform is powered by AI, said it would use the funds to grow and scale its data security platform and enterprises rapidly embrace generative AI , copilots, and foundation models, securing the data that powers those systems has become a top priority, it added."Across the board, we're hearing the need for enterprises to push hard on AI, yet they must move fast without compromising security and control," said co-founder and CEO Yotam Segev."Cyera's focus on data security is the most critical capability the enterprise needs to adopt AI responsibly."The round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, alongside existing investors Accel , Coatue, Cyberstarts, Redpoint, Sapphire, Sequoia Capital and Spark, the company November, Cyera - founded in 2021 - raised $300 million for a total valuation of $3 said that over the past 18 months, it posted 353% growth in Fortune 500 companies, expanded to 10 countries and more than doubled its size to nearly 800 employees globally. In that time it has raised $1.3 billion and its valuation has jumped 12 October the company acquired Trail Security for $162 million.
