Cyera’s Data Security Valuation Jumps to $9B Amid AI-Driven Data Crisis
Just six months after hitting $6 billion, data security startup Cyera has leapfrogged to a $9 billion valuation—fueled by AI’s shadowy data hunger.
The startup secured a $400 million Series F funding round at a $9 billion valuation, less than six months after a $6 billion valuation. The round was led by Blackstone, with participation from existing investors like Accel, Sequoia, and Lightspeed.
Cyera provides 'data security posture management,' helping companies map sensitive data across cloud systems, track usage, and identify vulnerabilities.
AI-driven data handling and leak concerns have driven Cyera to sign one-fifth of Fortune 500 companies as clients and triple revenue in the past year. Total funding raised now exceeds $1.7 billion.