Latest news with #OmniDLP
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
Associated Press
22-04-2025
- Business
- Associated Press
Cyera Launches Omni DLP: The AI Brain That Finally Makes DLP Work
NEW YORK--(BUSINESS WIRE)--Apr 22, 2025-- Cyera, the world's fastest-growing data security company, today announced the launch of Omni DLP, a breakthrough AI-native solution that finally delivers on the promise of enterprise data loss prevention. For years, data loss prevention (DLP) has been synonymous with pain: ineffective, noisy, reactive, and nearly impossible to operationalize. Omni DLP changes the game by layering intelligence across the data security stack, empowering security teams to focus on the real threats, not countless false positives. 'Omni DLP is the brain DLP has been missing,' said Yotam Segev, CEO and co-founder of Cyera. 'Everyone loves to hate DLP, and for good reason. Cyera reimagined DLP as an integrated AI-native system: one that understands your data, adapts in real-time, and infuses that intelligence across the data security stack, to finally make good on what DLP was supposed to be. This is not just an incremental lift—it's a reset for the entire category. Organizations will go from thousands of noisy false positives to just a handful of credible ones, allowing our customers to find the needle in the haystack.' Omni DLP combines the power of Cyera's AI-native Data Security Posture Management (DSPM) with a real-time DLP analysis engine from its Trail Security acquisition, creating a unified architecture that protects data at rest, in motion, and in use. Built for the Age of AI AI is the future of data. From LLMs, AI agents, and the copilots of the world, enterprise innovation depends on data flowing faster and farther than ever before. Legacy DLP tools weren't built for this. Omni DLP is! With Omni DLP, organizations gain: 'With the rapid pace of AI, enterprises are hyper-focused on their data and how to protect it,' said Segev. 'Enterprises have made considerable progress protecting themselves from external threats and exploitation, but legacy tools rely on static rules and incomplete information about the data landscape to fight dynamic risks. That's why we built Omni DLP: to think as fast as your data flows. Omni DLP enables us to protect sensitive data in motion - the crown jewels - automatically classified by our AI-native classification engine. This is data security the way it was meant to be: intelligent, adaptive, and built for the AI era.' 'This is the kind of product I've been hoping to see for years,' said Kyle Weckman, CISO, Antares Capital. 'Every CISO has faced the limitations of traditional DLP, and Omni DLP fills a major gap in the market. It takes a modern AI-driven approach that finally addresses long-standing challenges. If we'd had this a few years ago, it would've saved a lot of time, budget, and frustration.' Cyera's Omni DLP is now available. To learn more, take Omni DLP for a spin, and check out Cyera's on-demand webinar. 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. Backed by top-tier investors including Sequoia, Accel, and Coatue, 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 CONTACT: Longjump [email protected] KEYWORD: IRELAND UNITED STATES UNITED KINGDOM CANADA NORTH AMERICA EUROPE NEW YORK INDUSTRY KEYWORD: DATA MANAGEMENT SECURITY TECHNOLOGY SOFTWARE NETWORKS ARTIFICIAL INTELLIGENCE SOURCE: Cyera Copyright Business Wire 2025. PUB: 04/22/2025 08:15 AM/DISC: 04/22/2025 08:16 AM
