Cyera, a NYC-based data security company, raised $300M in Series D funding, at $3 Billion valuation.
The round was led by Accel and Sapphire Ventures, with participation from Sequoia, Redpoint, Coatue, and Georgian. This funding brings Cyera’s total funding to $760M since its founding in 2021 and valuation to $3 billion.
The company intends to use the funds to expand its product capabilities, accelerate innovation, and continue delivering solutions that meet the evolving cybersecurity needs of its customers.
Led by CEO Yotam Segev, Cyera is an AI-powered data security platform that helps organizations manage and protect their data in today’s complex digital landscape. It also combines advanced data security posture management (DSPM) with real-time enforcement controls, providing customers with a comprehensive solution for securing their data assets against evolving threats.
FinSMEs
20/11/2024