Cyera, a data security company founded in 2021 that helps organizations discover, classify and protect sensitive information across cloud and on-premises environments, has closed a $600 million Series G round at a $12 billion valuation. The round was led by Evolution Equity Partners and included Temasek, a Singapore state investment company, and Cyberstarts, an Israeli venture capital firm focused on cybersecurity. Existing investors Accel, AT&T Ventures, Blackstone, Coatue and Spark Capital also participated.
The valuation represents a significant increase from January 2025, when Cyera raised $400 million at a $9 billion valuation. Before that round, the company was valued at roughly one-quarter of its current worth, putting its valuation growth at approximately 12-fold since launch, according to Reuters. Total capital raised since founding now stands at approximately $1.3 billion.
Yotam Segev, co-founder and CEO of Cyera, explained the rationale behind the raise in a blog post: "Today we're announcing our Series G: $600 million at a $12 billion valuation, led by Evolution Equity Partners, with participation from Cyberstarts and Temasek, in addition to all existing investors including Accel, AT&T Ventures, Blackstone, Coatue, Spark Capital, among others. We raised this round to collapse the time between where enterprises are today and being able to run trusted AI at scale."
Segev co-founded the company alongside CTO Tamar Bar-Ilan. Both are alumni of Israel's Talpiot military program and former members of Unit 8200, the Israeli military's cyber intelligence unit.
Cyera's platform is built around the challenge that many enterprises face when deploying AI tools: organizations often lack clear visibility into where their most sensitive data resides, who can access it, and how it may flow into AI systems, training environments or third-party applications. The software addresses that gap by mapping data locations, flagging exposure risks and supporting compliance requirements.
The company reports that its Fortune 500 customer base grew 353 percent over the past 18 months, during which it also entered 10 new markets and completed five acquisitions. Annual recurring revenue has tripled for three consecutive years. The company now operates across 18 countries with a global workforce of approximately 1,500 employees.
