Cyera Raises $400 Million at $12+ Billion Valuation
Data security company Cyera has received an additional $400 million in funding, bringing the company’s valuation to more than $12 billion.
The new investment came from Goldman Sachs Alternatives as an extension of the Series G funding round announced in June. The company has raised a total of more than $2.7 billion.
The latest funding will be used to continue enhancing the Cyera platform’s capabilities and fuel the company’s expansion and growth.
Cyera provides an agentless, API-driven data security platform designed to deliver real-time visibility and context-aware governance over sensitive information across hybrid cloud, SaaS, database, and on-premises environments.
The platform continuously scans structured and unstructured data stores to build a unified inventory, leveraging ML to classify data by business context and compliance requirements.
Cyera unifies Data Security Posture Management (DSPM), Data Loss Prevention (DLP), and identity access governance. By continuously correlating data sensitivity with user identity permissions, it can...
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