What does Cyera do?
Cyera provides an AI-native unified data security platform that helps businesses discover, secure, and leverage their most valuable asset – data. The platform eliminates blind spots, cuts alert noise, and protects sensitive information across cloud environments, SaaS, databases, AI ecosystems, and on-premise infrastructures.
How much did they raise?
The company raised $540M in a Series E funding round that doubled its valuation to $6 billion, bringing its total funding to over $1.3 billion. The round was led by Georgian, Greenoaks, and Lightspeed Venture Partners with participation from investors such as Accel, Coatue, Cyberstarts, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark Capital.
What are their plans for the money?
Cyera plans to use the funds to accelerate growth across its product offerings through strategic acquisitions, hiring key talent, and expanding capabilities in both new and existing markets globally. This infusion of capital is expected to bolster its market position and enhance its technology offerings.
What have they achieved so far?
The company has made significant progress with innovations like the Omni DLP, which brings adaptive, AI-native data loss protection to the platform by offering real-time intelligence and contextual insights. Additionally, the recent funding round has escalated its market valuation, underscoring its industry progress.
