New York-based data security leader Cyera has raised $540 million in Series E financing, doubling its valuation to $6 billion. This latest funding round, led by Georgian, Greenoaks, and Lightspeed Venture Partners, with participation from existing investors including Accel, Coatue, Cyberstarts, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark Capital, brings the company’s total funding to over $1.3 billion.
Strategic Growth and Expansion Plans
Cyera plans to use the capital to accelerate product development, expand its global footprint, and pursue strategic acquisitions. The company will also focus on hiring top talent and enhancing its data security platform to meet growing enterprise demands.
Under the leadership of co-founder and CEO Yotam Segev, Cyera has established itself as a pioneer in AI-driven data security, helping organizations discover, protect, and leverage their critical data across cloud, SaaS, databases, AI ecosystems, and on-premise environments.
Innovations and Recent Milestones
Cyera’s AI-native unified data security platform eliminates blind spots, reduces alert fatigue, and safeguards sensitive information. A key innovation, Omni DLP, enhances the platform with adaptive, AI-powered data loss prevention, providing real-time insights into data movement and usage across enterprises.
Key Achievements Over the Past 18 Months:
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Acquired Trail Security to launch Omni DLP, strengthening its data protection capabilities.
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Expanded operations to 10+ countries, growing its workforce to nearly 800 employees worldwide.
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Formed major global systems integrator (GSI) partnerships to accelerate market reach.
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Raised three funding rounds, totaling $1.3 billion, and increased its valuation 12-fold.
The Future of Data Security with Cyera
As data breaches and regulatory pressures intensify, Cyera’s AI-powered approach positions it as a critical player in the $30+ billion data security market. With this new funding, the company is poised to further innovate and scale its solutions, helping enterprises worldwide secure their most valuable asset—data.
For more updates on Cyera’s growth and advancements in data security, stay tuned to industry news and official announcements.