Israeli cybersecurity company Cyera is raising $400 million in a new funding round led by U.S. investment firm Blackstone. This round values the company at $9 billion, which is a big jump from its valuation earlier this year.
In May, Cyera was valued at $6 billion, meaning the company nearly doubled its value in just six months. With this latest funding round, Cyera’s total funding has now crossed $1.7 billion.
Founded in 2021 by Yotam Segev (CEO) and Tamar Bar-Ilan (CTO), Cyera builds an AI-powered platform that helps organizations find, organize, and protect sensitive data, no matter where it is stored. Both founders are graduates of Israel’s elite Talpiot program and former members of Unit 8200.
Cyera operates in the global data security market, which is currently valued at around $24 billion.
As more companies adopt AI systems, the risk of exposing confidential or sensitive data has grown significantly.
Cyera positions itself as a key security layer that helps enterprises deploy AI safely and securely at scale.
Since early 2023, Cyera has seen strong growth, reporting a 353% increase in its Fortune 500 customers. During this period the company also acquired Trail Security and launched a new solution designed to prevent data leaks in the AI era.
Cyera currently has around 800 employees supporting its expanding operations and product offerings.
In June, Cyera acquired another Israeli company, Otterize, which focuses on securing non-human identities in cloud environments. The deal was valued at tens of millions of dollars.
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