Cyera Raises $300 Million at $12 Billion Valuation

Cyera has raised $300 million at a reported $12 billion valuation, according to Calcalist, with Evolution Equity Partners leading the round. The report says Georgian, Greenoaks, Lightspeed, Sequoia, Sapphire, Redpoint, Cyberstarts, Coatue, Accel, and Spark Capital also participated.

That valuation would come only five months after Cyera’s January round at a $9 billion valuation and would bring total capital raised to more than $2 billion. Calcalist and FinSMEs describe the financing as raised; TechCrunch reported the round as being finalized and noted that a Cyera spokesperson disputed some numbers. The direction of travel is less ambiguous: investors are still pricing AI data security as a strategic platform category.

Why DLP Buyers Should Care

Cyera’s funding story is no longer just a DSPM story. The company has used recent acquisitions, including Trail Security, Ryft, and Genie Security, to push toward enforcement, AI security, and endpoint-oriented data protection. That matters because enterprise buyers increasingly ask whether data discovery, classification, DLP, identity context, and AI-agent governance should be procured as separate controls or consolidated into a single platform.

For practitioners, the practical question is how quickly Cyera can turn funding and acquired teams into coherent product coverage. A larger balance sheet helps with global sales, support, and M&A, but DLP programs still live or die on channel coverage, signal quality, explainability, and low-friction enforcement. Those are harder to buy than valuation momentum.