Cyera Secures $540 Million to Enhance AI Data Security Platform
Cyera has raised $540 million in a Series E funding round, doubling its valuation to $6 billion, according to Reuters. The Israeli data security firm plans to use the funds to expand and scale its AI-powered data security platform.
The funding round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, with participation from existing investors such as Accel, Coatue, and Sequoia Capital. This latest investment brings Cyera's total funding to over $1.3 billion.
Cyera's platform offers comprehensive data security solutions, including data discovery, classification, and security across cloud, SaaS, and on-premises environments. The company aims to enhance its product offerings and expand its global operations, which currently span 10 countries with nearly 800 employees.
The company has experienced significant growth, with a 353% increase in Fortune 500 clients over the past 18 months. This funding will support Cyera's efforts to meet the growing demand for secure AI adoption in enterprises.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Cybersecurity AI Weekly, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Cybersecurity
Oct 16 Inlayer, JLINC and Vconic Introduce Human Verification for Calls Oct 16 CTM and Huawei Plan AI Network Security Upgrades in Macao Oct 16 Advantech and DEKRA Partner on Industrial Cybersecurity Compliance Oct 15 Cyfendo Offers AI Code Scanning and Patch Review for Small Businesses Oct 15 Perplexity Open Sources SPACE Agent SandboxMore from Funding
Oct 16 Matters Raises $5 Million to Build AI Consumer Bank Oct 16 KP Labs raises €4.42 million for AI data processing in orbit Oct 15 Origin Raises $20 Million for Autonomous Construction Robots Oct 15 Symbe Raises $5.7 Million for AI Sales Platform Oct 15 Cohere Agrees to Acquire AI Security Startup AISLECybersecurity AI Weekly
Weekly newsletter about AI in Cybersecurity.
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
Symbe Raises $5.7 Million for AI Sales Platform
Axya Raises C$17 Million for AI Procurement Platform
PaleBlueDot AI Raises $200 Million at $3.2 Billion Valuation
Chamelio Raises $26 Million for Legal AI Platform
Rein Security raises $25 million for AI agent security
Daily AI Brief: the AI news that matters, in your inbox.