Cyera, the Israeli AI and data security company, has raised $300 million at a $12 billion valuation, bringing its total capital raised to more than $2 billion. The round was led by Evolution Equity Partners, one of the most prominent investors in Israeli cybersecurity, with additional participation from Georgian, Greenoaks, Lightspeed Venture Partners, Sequoia Capital, Sapphire Ventures, Redpoint Ventures, Cyberstarts, Coatue, Accel, and Spark Capital, according to CTech.
The latest raise comes just five months after Cyera raised $400 million at a $9 billion valuation in January 2026, following a $6 billion valuation in 2025 and $3 billion in 2024.
Founded in 2021 by CEO Yotam Segev and CTO Tamar Bar-Ilan — both graduates of the elite Talpiot program and Unit 8200 — Cyera operates in the data security market with an AI-based platform that enables organizations to discover, classify, and protect sensitive information across cloud environments. The company has pursued an aggressive acquisition strategy in recent months, acquiring Israeli startup Genie Security for an estimated $50 million, Israeli startup Ryft for an estimated $100 to $130 million, and Trail Security for $162 million, alongside earlier acquisitions of Otterize and Shape AI.
The $12 billion valuation places Cyera among the most valuable Israeli startups, behind Vast Data, which raised at a $30 billion valuation earlier in 2026, and ahead of DriveNets, which raised at an $8.5 billion valuation. Evolution Equity Partners’ prior investments in Israeli cybersecurity include Island, Torq, and Armis, which was sold to ServiceNow. The rapid succession of funding rounds and acquisitions signals Cyera’s ambition to build a dominant, comprehensive data security platform as enterprise demand for AI-powered cloud data protection accelerates globally.
