Artificial intelligence (AI) security startup Cyera on June 10 announced it had raised $600 million in Series G funding for a post-money valuation of $12 billion.
The latest fundraising, led by Evolution Equity Partners, quadruples the company’s valuation in 18 months. In January, Cyera raised $400 million in Series F financing led by alternative asset manager Blackstone, valuing the company at $12 billion.
Key participants in the current fundraising include Israeli-based early-stage security venture firm Cyberstarts and Temasek, the global investment arm of the Government of Singapore. Lead investors included Accel, AT&T Ventures, Coatue, and Spark Capital.
Privately held, New York City-based Cyera said that in the past year it has shipped more than 100 new product capabilities in data security posture management, data loss prevention, privacy, identity, and agentic security for a holistic enterprise trust layer. It has also made five targeted acquisitions over the past 12 months….