That round was led by Accel and Sapphire Ventures, with participation from existing investors including Sequoia, Coatue, Redpoint, and Georgian. In its previous funding round
In April 2024, Cyera raised $300 million at a valuation of $1.4 billion.
Since its founding in 2021, Cyera has raised approximately $760 million in total prior to the latest round.
The company was founded by Yotam Segev, who serves as CEO, and Tamar Bar-Ilan, the CTO. Both Segev and Bar-Ilan are graduates of the IDF’s Talpiot program and Unit 8200.
Cyera’s platform, powered by AI and machine learning, enables companies to continuously discover, classify, and protect their data across multiple environments, including cloud, Security-as-a-Service (SaaS), and on-premises systems.