BREAKING AT&T Data Breach: ‘Nearly All’ Wireless Customers Exposed in Massive Hack
Connect with us

Hi, what are you looking for?


Cybersecurity Funding

Data Security Firm Cyberhaven Raises $88 Million at $488 Million Valuation

Data security company Cyberhaven has raised $88 million in a Series C funding round that brings the total to $136 million.

AI-powered data security company Cyberhaven on Tuesday announced raising $88 million in a Series C funding round.

The funding round, which brings the total raised by the company to more than $136 million, was led by Adams Street Partners and Khosla Ventures, with participation from Redpoint Ventures, Costanoa Ventures, Vertex Ventures, Crane Venture Partners, Wing Venture Capital, and several angel investors.

With this investment, Cyberhaven is now valued at $488 million. The newly raised money will be used to expand product offerings and increase market reach.

Cyberhaven has developed a data detection and response platform designed to help organizations track and protect sensitive data.

According to the startup, the solution can help customers stop data exfiltration, understand data flows, train users on risky behavior in real time, and accelerate internal investigations. 

The company recently announced the launch of an autonomous AI agent designed to combat insider risks. 

Cyberhaven claims its solution is used by major companies such as Fox, Cannon, Reddit, and SurveyMonkey.

“Cyberhaven is addressing some of the most pressing challenges in data security today, particularly protecting IP from insider threats,” said Fred Wang of Adams Street. “Their innovative approach to tracking data lineage and applying AI to understand data and risk is transformative. We believe Cyberhaven is setting a new standard in the industry and are excited to support their continued growth and innovation.”

Advertisement. Scroll to continue reading.

Related: Hypr Raises $30 Million for Passwordless Authentication

Related: Zendata Emerges From Stealth With Data Security, AI Governance Solutions

Related: Bolster Raises $14 Million for AI-Powered Phishing Protection

Written By

Eduard Kovacs (@EduardKovacs) is a managing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.


Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Learn how to utilize tools, controls, and design models needed to properly secure cloud environments.


Event: ICS Cybersecurity Conference

The leading industrial cybersecurity conference for Operations, Control Systems and IT/OT Security professionals to connect on SCADA, DCS PLC and field controller cybersecurity.


People on the Move

ICS and OT cybersecurity solutions provider TXOne Networks appoints Stephen Driggers as new CRO

Identity orchestration provider Strata Identity appoints Aldo Pietropaolo as Field CTO

Cybersecurity provider for the aviation industry Cyviation has appointed Eliran Almog as Chief Executive Officer.

More People On The Move

Expert Insights