Cyera Raises $300 Million at $3 Billion Valuation

Data security firm Cyera has raised $300 million in Series D funding, which brings the total investment in the company to $760 million. 

Data security company Cyera announced on Wednesday that it has raised $300 million in a Series D funding round.

The latest investment, which brings the total raised by the firm since it was founded in 2021 to $760 million, was led by Accel and Sapphire Ventures, with participation from Sequoia, Redpoint, Coatue, and Georgian.

“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,” said Yotam Segev, co-founder and CEO of Cyera.

Cyera is now valued at $3 billion, more than double compared to its valuation in April, when it announced raising $300 million in a Series C funding round.

The new funding was announced ...