digital assets
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Cyera Hits $9B Valuation with New Funding
Read Full Article: Cyera Hits $9B Valuation with New Funding
Data security startup Cyera has achieved a $9 billion valuation following a $400 million Series F funding round, just six months after being valued at $6 billion. The New York-based company, which has now raised over $1.7 billion, specializes in data security posture management, helping businesses map sensitive data across cloud systems, track usage, and identify vulnerabilities. The rapid growth is fueled by the increasing data volumes and security concerns associated with AI, enabling Cyera to attract one-fifth of Fortune 500 companies as clients and significantly boost revenue. This highlights the escalating importance of robust data security solutions in the digital age, especially as AI continues to expand.
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