Cyera hits $9 billion valuation as it announces $400 million Series F
Founded in 2021, the AI and data startup expands global footprint and product offerings as enterprises rush to govern autonomous systems safely.
AI and data security company Cyera announced on Thursday a $400 million Series F funding round, bringing its total capital raised to over $1.7 billion. The round, led by funds managed by Blackstone and supported by existing investors including Accel, Coatue, Cyberstarts, Georgian, Greenoaks, Lightspeed Venture Partners, Redpoint, Sapphire, Sequoia Capital, and Spark, comes just over six months after the company’s previous funding event and lifts its valuation to $9 billion, a threefold increase from a year ago.
The rapid escalation reflects the growing urgency for enterprises to secure data in an era of accelerating AI adoption. Agentic AI, which operates with autonomous decision-making capabilities, is gaining traction across industries.
Founded in 2021 by Yotam Segev (CEO) and Tamar Bar-Ilan (CTO), both graduates of the elite Talpiot program and veterans of Unit 8200, Cyera develops an AI-powered platform that helps organizations discover, classify, and protect sensitive data, wherever it resides.
Last June, Cyera acquired fellow Israeli firm Otterize, which specializes in securing non-human identities in cloud environments, in a deal valued at tens of millions of dollars.
That marked the company's third Israeli acquisition, after also purchasing Trail Security, which was acquired in October 2024 and integrated into its platform. To date, the company has invested an estimated $250 million in Israeli acquisitions.
“AI is reshaping the foundations of how every organization operates, and our mission is to ensure that this transformation happens securely,” said Segev. “Enterprises want to move quickly, but they also recognize that AI without data security and governance is a risk they cannot afford. Securing AI isn’t just a technology challenge, it’s the new cornerstone of enterprise trust.”
Over the past year, Cyera has expanded rapidly. It now secures data and AI systems for roughly 20% of the Fortune 500, including major firms across financial services, retail, healthcare, technology, and telecommunications. Its workforce has grown threefold to over 1,100 employees, and the company has extended its operations to 15 countries across North America, EMEA, and APAC.
The company has also forged strategic partnerships with major cloud providers, including Microsoft Purview, AWS, and Cohesity, and has introduced new offerings designed to meet the security demands of AI-driven business operations. Its AI Guardian platform combines Data Security Posture Management, Data Loss Prevention, and identity controls, providing continuous risk detection and automated safeguards to protect sensitive information wherever it resides.
