Cyera raises $300 million at $12 billion valuation, extending its rapid ascent
The Israeli data security company raised $400 million at a $9 billion valuation just five months ago.
AI and data security company Cyera has raised $300 million at a valuation of $12 billion, Calcalist has learned.
The fundraising brings Cyera’s total capital raised to more than $1.6 billion. The latest round was led by Evolution Equity Partners, one of the most prominent investors in Israeli cybersecurity, with prior investments including Island, Torq, and Armis, which was sold to ServiceNow.
Additional investors in the round include Georgian, Greenoaks, Lightspeed Venture Partners, Sequoia Capital, Sapphire Ventures, Redpoint Ventures, Cyberstarts, Coatue, Accel, and Spark Capital.
The new valuation places Cyera among the most valuable Israeli startups, below Vast Data that raised at a $30 billion valuation earlier this year and ahead of DriveNets that raised at a $8.5 billion valuation on Monday.
In January, Cyera raised $400 million at a $9 billion valuation after being valued at $3 billion in 2024.
The company operates in the data security market, offering an artificial intelligence-based platform that enables organizations to discover, classify, and protect sensitive information across cloud environments.
Cyera was founded in 2021 by Yotam Segev (CEO) and Tamar Bar-Ilan (CTO), both graduates of the Talpiot program and Unit 8200.
The company has gone on an acquisition spree in recent months. Last month, it acquired Israeli startup Genie Security for an estimated $50 million. Just a month earlier, Cyera announced its fourth acquisition: Israeli startup Ryft, another young company founded in 2024 with only 15 employees, acquired for an estimated $100 million. Combined with earlier acquisitions, including Trail Security for $162 million, as well as Otterize and Shape AI, Cyera has rapidly expanded its operations.
