Cyera raises USD600m at USD12b valuation

Categories: Hi-Tech, Investment Funds

Israeli-founded data security company Cyera completed a USD 600 million financing round at a company valuation of USD 12 billion, further cementing its position among the world’s most valuable privately held cybersecurity firms. It’s now the second-most valuable among Israeli privately held tech companies.

The round was led by Evolution Equity Partners, with participation from Cyberstarts and Temasek, alongside existing investors including Accel, AT&T Ventures, Blackstone, Coatue, and Spark Capital. The raise brings Cyera’s total funding to more than USD 2 billion.

Cyera said the new capital will support continued development of its AI security platform, which helps enterprises identify, classify, govern, and protect data across cloud, SaaS, and on-premises environments as AI adoption accelerates.

Meitar represented Cyera, with the team led by Dan Shamgar and Alon Shafrir.