Cyera raises $400 million in Series F round

Cyera announced a $400 million Series F round. Blackstone led the investment. The funding triples the companies valuation to $9 billion.

Funding details: $400 million (Series F)

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Cyera raised $400 million in a Series F funding round. This brings total funding to over $1.7 billion. The round happened six months after the last one. It triples the company’s valuation to $9 billion from a year ago. Funds managed by Blackstone led it. All previous investors joined, including Accel, Coatue, Cyberstarts, Georgian, Greenoaks, Lightspeed Venture Partners, Redpoint, Sapphire, Sequoia Capital, and Spark.
The investors back Cyera as AI use grows fast in companies. They see a need for security on data used in AI. Blackstone notes the company gives clear views of data to cut risks and speed up safe AI use.

The money will go to product work, growth around the world, partnerships, and new hires. Cyera has grown revenue over 3.4 times. It now secures data for 20% of Fortune 500 companies. The team has grown to over 1,100 people in 15 countries.

Yotam Segev, co-founder and CEO of Cyera, said AI changes how companies work. He said they need data security to use AI without big risks. This funding helps protect sensitive info and build trust.

Vishal Amin and Yifat Oron from Blackstone said Cyera sits at a key shift in data security. Adam Fletcher, their Chief Security Officer, said data is a fast-growing risk with AI. Jon Raper from Chevron said clear data views are key to protect assets and keep trust.

Cyera makes an AI and data security platform. It helps companies see their data, how it’s used, and how to secure it. The tools work for businesses in finance, retail, healthcare, tech, and more across North America, EMEA, and APAC.

The news comes from a Cyera press release.