Cyberhaven, a leader in AI-based data security, announced $100 million in Series D funding, led by StepStone Group and new investors Schroders and Industry Ventures, to advance its growth and cement its position as the leader in AI-based data protection.
The company’s data tracing and risk detection capabilities, powered by its proprietary data lineage and foundational AI technologies, enable organizations to detect and stop critical risks to their most important data. And this latest investment brings Cyberhaven’s total funding to $250 million and advances the company to a $1 billion valuation, a sevenfold increase in just one year.
The surge in AI and cloud technologies has fundamentally changed how data is captured, processed and utilized within organizations. And data is no longer confined to files. Instead, it is highly fragmented and constantly moving, spreading across endpoints, cloud platforms, and AI systems in ways that traditional security tools cannot effectively track or protect. With data transforming and flowing between applications, the risk of exposing or misusing sensitive information increases exponentially.
Cyberhaven’s transformative approach centers on data lineage—the ability to trace how data originates, moves, and transforms throughout an organization at a scale and precision unmatched by any other solution in the market. And the company’s platform is built on a proprietary AI model operating on this graph of data movement—a Large Lineage Model (LLiM). This AI-based foundation provides unparalleled real-time observability of data flows and unprecedented precision for detecting and stopping data threats as they happen.
With this new funding round, Cyberhaven plans to expand its platform through M&A and organic innovation, increase its market reach through aggressive go-to-market investments, and continue its mission to protect the world’s most sensitive data.
KEY QUOTES:
“We are building the data security platform to tackle the most difficult challenges facing enterprise security teams with a fundamentally new approach. In today’s AI-driven world, data protection must evolve beyond traditional approaches and boundaries. We’re giving organizations complete visibility and real-time control over their data, regardless of how it transforms or where it flows.”
– Howard Ting, CEO of Cyberhaven
“We’re witnessing a paradigm shift in data security similar to Endpoint Detection and Response a decade ago. Just as EDR revolutionized endpoint security by focusing on behavior rather than signatures, Cyberhaven’s Data Detection and Response approach is redefining data security by applying AI-based behavioral analysis to data. We’re excited to partner with this incredible team as they build the future of data protection in a world where data is constantly in motion.”
– Seyonne Kang, Partner at StepStone Group
