Cyera Secures $100 Million Series B Investment To Become The Data Security Platform Enabling The Ai Revolution

Jun 27, 2023•over 2 years ago

Amount Raised

$100 Million

Round Type

series b

San MateoSecuritySoftwareAnalytics

Investors

Redpoint VenturesCyberstartsSequoiaAccel

Description

Cyera, the data security company, today announced a $100 million Series B investment led by Accel with participation from existing investors Sequoia and Cyberstarts. Redpoint Ventures also joined as an investor. This brings the company's total funding to $160 million since emerging from stealth in March of 2022. In the past year, Cyera has gained significant traction among S&P 500 enterprises, growing revenue by 800%, as security teams prioritize data security across their hybrid cloud environments.

Company Information

Company

Cyera

Location

San Mateo, California, United States

About

Cyera is the data security company that gives businesses deep context on their data, applying proper, continuous controls to assure cyber-resilience and compliance. Cyera takes a data-centric approach to security across your data landscape, empowering security teams to know where their data is, what exposes it to risk, and take immediate action to remediate exposures. Backed by leading investors, including Sequoia, Accel, Cyberstarts and Redpoint Ventures, Cyera is redefining how companies secure data in the cloud. To learn more, visit www.cyera.io. SOURCE Cyera US

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends