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Cyera Secures $300 Million in Series D Funding, Reaching a $3 Billion Valuation
Nov 20, 2024•over 1 year ago
Contract Type
partnership
Description
Cyera, the leader in data security, has secured a $300 million Series D round led by Accel and Sapphire Ventures, with additional participation from Sequoia, Redpoint, Coatue, and Georgian. The funding brings Cyera's total funding to $760 million since its founding in 2021, reinforcing its position at the forefront of the data security market.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months