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Venture Capital News: Cyera Obtains $300 Million in Series D Funding

2024-11-20
NEW YORK, NY, Cyera, the leader in data security, announced a $300 million Series D round.
Cyera, the leader in data security, announced a $300 million Series D round, further accelerating its rapid growth and reinforcing its position at the forefront of the $23.68 billion data security market. This latest investment is led by Accel and Sapphire Ventures, with additional participation from Sequoia, Redpoint, Coatue, and Georgian-bringing Cyera's valuation to $3 billion, a more than twofold increase in just six months. This funding follows Cyera's $300 million Series C round earlier this year and brings Cyera's total funding to $760 million since its founding in 2021.
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