Data security leader Cyera announced a $300 million Series D round. This latest funding round was led by Accel and Sapphire Ventures, with additional participation from Sequoia, Redpoint, Coatue, and Georgian, bringing Cyera’s valuation to $3 billion (a more than twofold increase in just six months). This funding round follows Cyera’s $300 million Series C round earlier this year and brings Cyera’s total funding to $760 million.
With AI adoption skyrocketing across industries, organizations face unprecedented challenges in securing their data. And Cyera’s platform (powered by AI/ML) enables companies to continuously discover, classify, and protect their data across multiple environments such as cloud, SaaS, and on-premises systems at a level of speed, scale, and precision unmatched by any other solution in the market.
Cyera’s AI-based platform can complete what competitors take years to accomplish in just days, providing real-time visibility into sensitive data access and offering automated policies that dynamically adjust as data environments grow.
Cyera’s growth is further emphasized by its October acquisition of Trail Security, a next-gen data loss protection (DLP) company, for $162 million. This strategic acquisition significantly enhances Cyera’s Data Security Posture Management (DSPM) solution and adds solid product and engineering talent from elite leadership programs like the Israel Ministry of Defence’s Talpiot to the Cyera team, enabling the company to address the most urgent and complex data security challenges faced by the world’s largest enterprises.
With this latest funding round, Cyera is ready to expand its product capabilities, accelerate innovation, and continue delivering cutting-edge solutions that meet the evolving cybersecurity needs of its customers.
KEY QUOTES:
“We are excited to have the continued support of our investors as we push the boundaries of innovation and scale the world’s leading AI-driven data security platform. Data security has become the top priority for businesses as they navigate the complexities of a rapidly evolving data landscape shaped by the rise of AI. This funding enables us to continue accelerating platform development, attracting world-class talent in R&D, sales, and marketing, and strategically acquiring solutions that align with our vision for the future of data security.”
– Yotam Segev, Co-Founder and CEO of Cyera
“This is the third round that Accel leads as Cyera continues to reinvent enterprise data security. Their initial DSPM product has now become a data security platform—including new capabilities like identity access and DLP. This team is an innovation powerhouse, and we are thrilled to be one of their largest investors.”
– Philippe Botteri, Partner at Accel
“In just two years since its founding, Cyera has become the unified platform of choice for many companies when it comes to data security, providing exceptional coverage across structured and unstructured data in cloud, hybrid, and on-premise environments. We believe the company’s growth has been nothing short of incredible, empowering organizations to secure data comprehensively, maintain compliance and mitigate emerging risks like GenAI misuse—all while ensuring fast deployment and operational efficiency. Yotam and Tamar are forces of nature and we couldn’t be more excited to co-lead this round.”
– Casber Wang, Partner at Sapphire Ventures
