Data security company Cyera has raised a $540 million Series E funding round, bringing its total funding to over $1.3 billion and valuing the company at $6 billion.
New York, NY-based Cyera provides an AI-powered, cloud-native platform that enables organizations to continuously discover, classify and secure data across cloud, SaaS, data lake, and on-premises environments.
“As enterprises rapidly embrace generative AI, copilots, and foundation models, securing the data that powers those systems has become a top priority,” the company said.
“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.”
Cyera’s platform also provides data security posture management, privacy, detection and response, and access governance capabilities.
Cyera says the addition funding will fuel growth across its product offerings on the data security platform through acquisitions, hiring talent, and building out capabilities across new and existing strategic markets.
The Series E funding round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, alongside existing investors Accel, Coatue, Cyberstarts, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark Capital.
The massive funding round comes less than seven months after the company announced a $300 million Series D funding round.
In October 2024, Cyera acquired stealth mode startup Trail Security for its data loss prevention technology for $162 million in cash and stock.
Cyera has nearly 800 employees globally and has operations in 10 countries.
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