Cyera raises $400 million funding at $9 billion valuation as AI data security stakes soar

Cyera Closes Massive Series F Funding Round

Cyera has raised $400 million in Series F funding, bringing the company's valuation to $9 billion—a 50% jump from its $6 billion valuation just six months earlier1

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. Blackstone Growth led the round, with participation from Accel, Coatue, Cyberstarts, Georgian, Greenoaks, Lightspeed Venture Partners, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark2

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. The funding brings Cyera's total capital raised to more than $1.7 billion since its founding less than five years ago2

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Why AI Data Security Matters Now More Than Ever

The rapid adoption of AI across industries has created an urgent need for robust data security and governance frameworks. According to a Bain & Co. survey, 95% of U.S. companies now use generative AI2

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. However, Nancy Gohring, senior research director for AI at International Data Corporation, warned that "the early wave of GenAI deployments surfaced a pattern where speed sometimes outpaced safeguards"2

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. Yotam Segev, co-founder and CEO of Cyera, emphasized that "enterprises want to move quickly, but they also recognize that AI without data security and governance is a risk they cannot afford"3

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Expanding Threat Landscape and Enterprise AI Risks

The stakes in cybersecurity in the AI era have intensified dramatically. Segev explained that organizations are now "chasing agentic attackers, and these attackers are going to be much more honed, much more put together, and much more consistent and reliable in their actions and delivery at millisecond speed"1

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. With AI agents capable of taking autonomous actions—discovering knowledge, sending emails, writing code—the attack surface has broadened significantly, creating fast-moving vulnerabilities through sprawling permissions, shadow tools, and poorly understood data flows2

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. Securing data in the new era of AI has become one of the defining security imperatives of 20262

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Cyera's Platform Approach to Data Security Posture Management

Cyera has converged data security posture management, data loss prevention, and identity into a single platform to address generative AI security challenges2

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. This year, the company introduced AI Guardian, expanding its capabilities into the AI security space2

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. The company's footprint now extends to data and AI protection for 20% of the Fortune 500, including companies in financial services, retail, media and entertainment, healthcare, technology, and global telecom2

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. Cyera's customers include AT&T, Peloton, Nordstrom, and Chipotle, and the company reported annual recurring revenue surpassing $100 million as of June1

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The New Role of CISOs in AI Transformation

Segev noted that the role of Chief Information Security Officers has evolved significantly, moving beyond stewardship of networks and access control to enabling the next era of AI2

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. He positioned CISOs as a "center of transformation" intersecting with privacy, compliance, legal, and ownership concerns2

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. Jon Raper, chief information security officer of Chevron Corp., stated that "organizations need clear visibility and strong controls to protect sensitive data across increasingly complex environments"2

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. Fortune 1000 CEOs and executives understand that a catastrophic breach could cost them their jobs, yet business leaders cannot afford to sit on the AI sidelines1

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Growth Trajectory and Future Investment

Cyera has grown to 1,100 employees and expanded its presence across 15 countries2

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. The company has grown its footprint 3x over the past 12 months and recently launched partnerships with Microsoft Purview, AWS, and Cohesity3

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. Segev said the funding would be used to extend the company's scalable data access platform to address AI security issues including AI safety for employees, trusted agentic AI, ecosystem control, and defending AI with AI2

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. The company, which has roots in Israel and whose CTO Tamar Bar-Ilan served in Israel's Unit 8200, is positioned at the intersection of data governance and cloud security1

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. Segev emphasized that securing AI isn't just a technology challenge—it's the new cornerstone of enterprise trust3

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