How Did Cyera Achieve $12B Valuation?
In the span of 18 months, the company has grown to more than 1,500 employees across 18 countries and acquired 5 other companies.
AI-native data security company Cyera announced a $600 million funding round at a $12 billion valuation, quadrupling the company's worth in just 18 months as it continues to build the data security trust layer for enterprise AI.
According to the company, the $600M round was led by Evolution Equity Partners, with continued backing from Cyberstarts, Temasek, Accel, Blackstone, Coatue, and Spark Capital. The company claimed that the push brings its total funding past $2 billion.
"One thing our customers share is the urgency to lead AI transformation at a scale and speed the world has never seen. Trust is what makes that possible — knowing what your AI can see and do," said Yotam Segev, co-founder and CEO of Cyera.
He also noted that Cyera provides the missing infrastructure layer for the industry, adding that the new funding will accelerate the growth of this "trust layer" for companies navigating the agentic AI era.
18 Months, 4x the Worth.
The cybersecurity startup, founded in 2021, also reported shipping more than 100 new product capabilities across Data Security Posture Management (DSPM), privacy, identity, Data Loss Prevention (DLP), and agentic security over the last year.
The company said that in the span of 18 months, it has grown to more than 1,500 employees across 18 countries and acquired 5 other companies, including Ryft and Genie, adding specialized technology to boost the platform's enterprise-scale AI governance capabilities.
The startup noted that its revenue has tripled three years in a row, calling this rapid growth a direct reflection of the market's urgent demand.
"Over 25 years of investing in cybersecurity, it has been our experience that the companies that define infrastructure possess the depth and capabilities that solve problems competitors simply cannot," said Richard Seewald, Founder and Managing Partner at Evolution Equity Partners.
He added that the company has built the infrastructure that gives enterprises precise control over what their AI can see, learn from, and do at scale.
Lior Simon, General Partner at Cyberstarts, said that companies deploying AI at scale run a massive risk because they cannot trust what their AI can see and do. He noted that Cyera is the only platform built to solve this critical infrastructure problem at the scale required by global enterprises.
Cyera claimed that its AI-native system classifies exabytes of data with 95%+ accuracy to uniquely converge DSPM, DLP, identity, and behavior security without disrupting existing workflows. Based on this, its expanding workforce, and successful acquisitions, the company claims that its platform offers the only technically defensible trust layer for enterprise AI.
Key Takeaways
- Cyera secures $600M funding, achieving a $12B valuation in just 18 months.
- The company has expanded to over 1,500 employees across 18 countries and acquired 5 firms.
- Focus on building a 'trust layer' for AI security, addressing urgent market demands.
- Reported triple revenue growth for three consecutive years, indicating strong market interest.
- Introduced over 100 new product capabilities in data security within the last year.