Cyera Raises $600 Million, Valuation Hits $12 Billion for AI Data Security Platform
Cyera, an AI-native data security platform, has raised $600 million in a new funding round, boosting its valuation to $12 billion. The company's total funding now exceeds $2.3 billion. The capital will be used to expand its platform that helps organizations control AI access and actions across their environments. Key investors include Evolution Equity Partners, Accel, ATTVentures, Blackstone, Coatue, and SparkCapital.
Key quotes
Cyera has raised $600 million in fresh funding, boosting its valuation to $12 billion and bringing total funding to more than $2.3 billion.
The company says the capital will help expand its AI-native data security platform, which helps organizations control what AI can access and do across their environments.
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