Cyera, which is one of the fastest-growing data security companies, announced a $540 million Series E funding round, bringing the total funding to over $1.3 billion. This funding round comes just six months after the previous round, and doubles the company’s valuation to $6 billion. The funding round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, along with existing investors Accel, Coatue, Cyberstarts, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark Capital.
Cyera’s AI-based platform helps organizations to discover, classify, and protect sensitive data anywhere, enabling secure AI adoption at enterprise scale. As enterprises rapidly embrace generative AI, copilots, and foundation models, securing the data that powers those systems has become a top priority.
The company’s growth in the past 18 months also highlights the scale of the opportunity ahead. In that time, the company has:
— Reached 353% year-over-year growth among F500 customers
— Acquired Trail Security for launching Cyera’s Omni DLP product, a breakthrough AI-native solution that finally delivers on the promise of enterprise data loss prevention
— Expanded operations to 10 countries and counting; more than doubled company size, reaching nearly 800 employees worldwide, and signed significant GSI partnerships to accelerate global reach
— Raised three funding rounds (for a total of $1.3 billion) and increased its valuation 12 times
This latest funding round will advance Cyera’s growth across its product offerings on the data security platform through acquisitions, hiring key talent, and expanding capabilities in new and existing strategic markets globally.
Earlier this year, several veteran industry executives joined the company, including Sol Rashidi from AWS, Dave Rogers from Palo Alto Networks, Amit Raikar from Zscaler, and Frank Slootman’s appointment to the Board of Directors.
KEY QUOTES:
“Investors are doubling down where the market is moving and where there is proven traction. AI runs on GPUs and data. Cyera’s focus on data security is the most critical capability the enterprise needs to adopt AI responsibly. Across the board, we’re hearing the need for enterprises to push hard on AI, yet they must move fast without compromising security and control. This funding allows us to scale our platform and team to meet the growing global demand for secure, responsible AI adoption.”
Yotam Segev, co-founder and CEO of Cyera
“We backed Cyera early because we believed in the team and the vision, particularly its focus on AI adoption protecting data across the enterprise. We believe that Cyera is leading in the category, and we are excited to invest further to support this next stage of growth.”
Steve Leightell, Lead Investor at Georgian
“When we spoke to CISOs and security leaders, Cyera was the name that kept coming up. What stood out wasn’t just the technology; it was that customers saw Cyera as the only platform capable of securing data at the speed and scale that AI now demands.”
Guru Chahal, Partner at Lightspeed Venture Partners
“Enterprises are drowning in data, scattered across clouds, databases, and applications, often unaware of where their most sensitive information actually lives. AI has turned this blind spot into an existential risk. We believe Cyera has built the world’s best data security platform, with a classification engine that is dramatically better than the rules-based paradigm, and which has earned genuine love from CISOs across industries. Truly new pillars of security are rare, but we believe data security is fast becoming one of them, and we are proud to partner with Cyera as they lead the way.”
Patrick Backhouse, Partner at Greenoaks
