Latest news with #Cyera
Business Wire
09-07-2025
- Business
- Business Wire
Cyberstarts Launches $300 Million Employee Liquidity Fund to Power the Next Stage of Cybersecurity Startup Growth
TEL AVIV, Israel--(BUSINESS WIRE)--Cyberstarts, the leading early-stage cybersecurity venture firm, today announced the launch of a $300 million Employee Liquidity Fund. This innovative new investment vehicle is designed to reward startup employees and ignite greater momentum at breakout companies across Cyberstarts' portfolio. This new fund offers structured, annual secondary windows for employees to sell a portion of their vested shares without leaving their company. By providing this built-in path to liquidity, Cyberstarts will help its portfolio companies retain key talent, align incentives, and sustain a culture of long-term commitment and innovation. Cyberstarts will partner directly with its portfolio companies to determine eligibility based on scale and talent needs. HR teams at each respective company will then determine implementation for employees. 'At Cyberstarts, we have always made it our mission to nurture and motivate talent from idea through execution – and that includes finding new ways to have deeply technical cybersecurity talent stay and thrive at our portfolio companies,' said Gili Raanan, Founder of Cyberstarts. 'With this new fund, we are hoping to go even further to support our portfolio companies – creating a retention tool that rewards employees with a way to participate in their company's early success while staying focused on the long term vision.' 'In today's market, we're seeing industry-leading technology companies scale to extraordinary heights over years and years with continued drive and commitment of their original employees,' shared Yotam Segev, Co-Founder and CEO of Cyera. 'At Cyera, we're building a lasting company in a critical industry, which requires retaining and motivating the very best talent over a long time horizon. Cyberstarts has been supporting our mission from day one, and this new liquidity program supercharges our team by rewarding them with reliable and predictable liquidity.' 'To build a fundamentally new category at a company like Island, we require deep expertise, long-term commitment, and a shared sense of purpose from our team,' said Michael Fey, Co-Founder and CEO of Island. 'Especially given today's extended IPO timeline, secondary equity transactions are becoming an essential component of the employee experience at startups that choose to remain private and independent. This new commitment from Cyberstarts is a tremendous asset as founders work to deliver an exceptional workplace.' Cyberstarts is uniquely positioned to launch this new Employee Liquidity Fund given its close and long-standing partnerships with its portfolio companies. Each eligible Cyberstarts-backed company will receive its own dedicated allocation within the fund, allowing for flexible, founder-aligned implementation. The initiative reflects Cyberstarts' commitment to rethinking venture capital with a talent first mindset. With the close of this new fund, Cyberstarts now has raised over $1 billion in capital commitments across six funds. Its investment portfolio continues to grow, with nearly 30 investments to date. Cyberstarts is well known for investing in the Seed rounds of category leaders, including Wiz, Fireblocks, Island, and Cyera, among many others. About Cyberstarts Since its founding in 2018, Cyberstarts has operated with a singular goal: to support exceptional founders from idea to execution. As one of the only venture firms built specifically for cybersecurity entrepreneurs, Cyberstarts invests before there's a product, a team, or even a single line of code—backing founders who have identified a challenge and have the grit to solve it. With deep domain expertise and hands-on partnership, Cyberstarts works side-by-side with founders to refine go-to-market strategy, build out early teams, and tap into a trusted network of global CISOs. Cyberstarts has raised more than $1 billion across 6 funds. Its portfolio accounts for nearly 50% of the global market cap of private cybersecurity companies. As the investment partner of choice for the most ambitious cybersecurity founders, Cyberstarts is proud to be counted as a seed investor in today's most notable solutions, including Wiz, Fireblocks, Cyera, Island, and Transmit Security, among others.
Techday NZ
18-06-2025
- Business
- Techday NZ
Myriad360 & Cyera launch AI-powered data security tool for AWS
Myriad360 and Cyera have announced the launch of the Data Security Health Assessment (DSHA), an AI-powered service designed to provide enterprises with rapid insight into their data security posture in AWS environments. The DSHA leverages Cyera's Data Security Posture Management (DSPM) platform and operates as a turnkey service. It enables organisations to detect and classify sensitive information, enforce compliance requirements, and enhance operational efficiencies across cloud-native infrastructures such as Amazon S3 and RDS. The solution processes over 120 file formats and automates risk identification, aiding in the formulation of remediation plans without manual effort. This new service aims to address the challenges that enterprises face as they scale up their artificial intelligence (AI) initiatives and cloud migrations. Fast and accurate data discovery, coupled with actionable insights for compliance, are core to DSHA's offering, with the solution reportedly delivering results within hours. Assessing data risk The platform has been deployed in operational environments where it identified over 9.3 million sensitive records shortly after rollout. During the same deployment, it uncovered 357 vulnerable data stores, 63 of which were classified as ghost datastores. According to Myriad360, the DSHA reduced manual triage time and the frequency of data loss prevention (DLP) false positives by as much as 80%, and also flagged the presence of European PII stored outside of GDPR-compliant locations. DSHA's integration with AWS means customers benefit from seamless compatibility with their existing AWS-native infrastructure. The intention, both companies state, is to enable organisations to adopt advanced solutions for data protection and AI readiness at scale without compromising security standards. Executive perspectives Heather Case-Hall, Technical Author & Data Security Leader at Myriad360, emphasised the importance of robust security measures, particularly with the expansion of AI capabilities in enterprises. She said, Our clients face increasing pressure to reduce risk and prove compliance - especially with emerging AI adoption. This collaboration with Cyera allows us to deliver not just visibility, but a clear remediation roadmap that bridges security and business outcomes. The role of contextual understanding of data was highlighted by Troy Gabel, Head of DLP at Cyera. He remarked, Security leaders today need more than just protection - they need clarity and control over their data so they can move fast without taking on unnecessary risk. Cyera's unique strength is context - we don't just show where data lives, but who can access it, how it's being used, and what it means to the business. With Myriad360's DSHA framework, we're turning that vision into action and delivering measurable impact in complex AWS environments - fast. Tim Donovan, AWS Cloud Success Manager at Myriad360, underscored the scalability and automation provided by the solution. He commented, Myriad360 is committed to helping customers meet their security and compliance needs with scalable, automated solutions. The Myriad360 DSHA powered by Cyera brings an innovative offering to AWS customers looking to mature their data protection and AI readiness. The impact of offering DSHA via AWS Marketplace was described by Alpesh Shah, VP of Security Strategic Alliance at Myriad360, who stated, Myriad360 truly understands the power of the AWS Marketplace and its ability to simplify the procurement of SaaS solutions. With this new marketplace offering in collaboration with Cyera, Myriad360 has expanded its AWS relationship, enabling clients to leverage this unique solution. We encourage customers to take advantage of Myriad360's security engineering expertise. Cloud environments and compliance The DSHA's objective is to streamline compliance and data security in line with growing demands for cloud-based infrastructure and AI-driven workloads. Organisations deploying large-scale AI projects need to ensure they do not inadvertently expose sensitive or regulated data, and the DSHA is positioned as a tool for facilitating this process within AWS frameworks. By rapidly surfacing security risks and providing a framework for actionable remediation, Myriad360 and Cyera are aiming to strengthen enterprise cloud strategies, ensuring that organisations achieve greater transparency and control over their data assets as compliance regulations and operational requirements continue to evolve.
Zawya
12-06-2025
- Business
- Zawya
Israeli data security firm Cyera raises $540mln, value doubles to $6bln
JERUSALEM: Israeli data security startup Cyera said on Wednesday it raised $540 million in a late-stage private funding round that doubled its valuation to $6 billion over the past seven months. Cyera, whose platform is powered by AI, said it would use the funds to grow and scale its data security platform and capabilities. As enterprises rapidly embrace generative AI, copilots, and foundation models, securing the data that powers those systems has become a top priority, it added. "Across the board, we're hearing the need for enterprises to push hard on AI, yet they must move fast without compromising security and control," said co-founder and CEO Yotam Segev. "Cyera's focus on data security is the most critical capability the enterprise needs to adopt AI responsibly." The round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, alongside existing investors Accel, Coatue, Cyberstarts, Redpoint, Sapphire, Sequoia Capital and Spark, the company said. In November, Cyera - founded in 2021 - raised $300 million for a total valuation of $3 billion. Cyera said that over the past 18 months, it posted 353% growth in Fortune 500 companies, expanded to 10 countries and more than doubled its size to nearly 800 employees globally. In that time it has raised $1.3 billion and its valuation has jumped 12 times.
Yahoo
11-06-2025
- Business
- Yahoo
AI-Native Security Leader Cyera Doubles Customer Base in Six Months, Reaching $6 Billion Valuation
Cyera plans to deploy $540 million Series E to fuel its hyper-growth and scale its data security platform and capabilities to meet growing global demand for secure, responsible AI adoption in today's AI-driven enterprise NEW YORK, June 11, 2025--(BUSINESS WIRE)--Cyera, the fastest growing data security company in history, today announced a $540 million Series E funding round, bringing its total funding to over $1.3 billion. This raise comes just six months after the previous round, and doubles the company's valuation to $6 billion. The round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, alongside existing investors Accel, Coatue, Cyberstarts, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark Capital. Cyera's AI-native platform empowers organizations to discover, classify, and protect sensitive data anywhere, enabling secure AI adoption at enterprise scale. As enterprises rapidly embrace generative AI, copilots, and foundation models, securing the data that powers those systems has become a top priority. Cyera's momentum reflects that urgency, reaching a $6B valuation in under four years, making it the fastest-growing data security company in history. "Investors are doubling down where the market is moving and where there is proven traction. AI runs on GPUs and data. Cyera's focus on data security is the most critical capability the enterprise needs to adopt AI responsibly," said Yotam Segev, co-founder and CEO of Cyera. "Across the board, we're hearing the need for enterprises to push hard on AI, yet they must move fast without compromising security and control. This funding allows us to scale our platform and team to meet the growing global demand for secure, responsible AI adoption." The company's growth over the past 18 months also highlights the scale of the opportunity ahead. In that time, the company has: Reached 353% year-over-year growth among F500 customers Acquired Trail Security to launch Cyera's Omni DLP product, a breakthrough AI-native solution that finally delivers on the promise of enterprise data loss prevention Expanded operations to 10 countries and counting; more than doubled company size, reaching nearly 800 employees worldwide; and signed major GSI partnerships to accelerate global reach Raised three funding rounds (for a total of $1.3 billion) and increased its valuation 12x This latest round will fuel Cyera's growth across its product offerings on the data security platform, through acquisitions, hiring key talent, and building out capabilities across new and existing strategic markets globally. "We backed Cyera early because we believed in the team and the vision, particularly its focus on AI adoption protecting data across the enterprise," said Steve Leightell, Lead Investor at Georgian. "We believe that Cyera is leading in the category, and we are excited to invest further to support this next stage of growth." "When we spoke to CISOs and security leaders, Cyera was the name that kept coming up," said Guru Chahal, Partner at Lightspeed Venture Partners. "What stood out wasn't just the technology; it was that customers saw Cyera as the only platform capable of securing data at the speed and scale that AI now demands." "Enterprises are drowning in data, scattered across clouds, databases, and applications, often unaware of where their most sensitive information actually lives," said Patrick Backhouse, Partner at Greenoaks. "AI has turned this blind spot into an existential risk. We believe Cyera has built the world's best data security platform, with a classification engine that is dramatically better than the rules-based paradigm, and which has earned genuine love from CISOs across industries. Truly new pillars of security are rare, but we believe data security is fast becoming one of them, and we are proud to partner with Cyera as they lead the way." Earlier this year, a number of veteran industry executives joined the company, including Sol Rashidi from AWS, Dave Rogers from Palo Alto Networks, Amit Raikar from Zscaler, and Frank Slootman's appointment to the Board of Directors. For more insight on the industry shift and what this latest raise signals, check out the blog post from Cyera CEO Yotam Segev. About Cyera Cyera is the fastest-growing data security company in the $24 billion data security market. Its AI-powered platform gives organizations a complete view of where their data lives, how it's used, and how to keep it safe, so they can reduce risk and unlock the full value of their data, wherever it is. Raising more than $1.3 billion in funding from top-tier investors including Accel, Coatue, Cyberstarts, Georgian, Lightspeed, and Sequoia, Cyera's unified data security platform helps businesses discover, secure, and leverage their most valuable asset - data - and eliminate blind spots, cut alert noise, and protect sensitive information across the cloud, SaaS, databases, AI ecosystems, and on-premise environments. Recent innovations like Cyera's Omni DLP extend this platform with adaptive, AI-native data loss protection, bringing real-time intelligence and contextual understanding to how data moves and is used across the enterprise. View source version on Contacts Longjump for Cyeracyera@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Axios
11-06-2025
- Business
- Axios
Cybersecurity startup Cyera now valued at $6 billion
Data security company Cyera on Wednesday announced that it's raised $540 million in Series E funding at a $6 billion valuation. Why it matters Enterprise AI adoption is increasing data exposure risks. Zoom in: Georgian, Greenoaks, and Lightspeed co-led the round, and were joined by insiders Accel, Coatue, Cyberstarts, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark Capital. Israel-based Cyera now has raised around $1.25 billion in total funding, including a $300 million Series D round last fall at a $3 billion valuation. The bottom line: Pick an exit, any exit.
