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Cyera Raises $400 Million at $12+ Billion Valuation

Source SecurityWeek

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Description

Cyera, a data security company specializing in data security posture management, data loss prevention, and identity access governance, has raised $400 million in funding, reaching a valuation of over $12 billion. The company provides an agentless, API-driven platform that offers real-time visibility and governance over sensitive data across hybrid cloud, SaaS, database, and on-premises environments. Cyera's platform also includes guardrails for AI operations, monitoring data inputs to large language models and mitigating exfiltration risks. This news is a funding announcement and does not describe a security vulnerability or threat.

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