Cyera is a cybersecurity platform that empowers organizations with robust and intelligent defense mechanisms that can adapt and evolve in the face of ever-evolving cyber threats. Using machine learning algorithms and real-time data analysis, the platform can identify and mitigate potential threats before they can exploit vulnerabilities.
Cybersecurity startup Cyera has secured $100 million in a Series B round led by Accel with participation from existing investors Sequoia and Cyberstarts. Moreover, Redpoint Ventures also joined as an investor. Cyera was valued at $500 million in Series B, more than double its valuation in its $56 million Series A in March 2022. In total, the company raised $164.5 till that moment.
Cyera, San Mateo, California, United States, was founded in 2020 by Yotam Segev and Tamar Bar-Ilan. “Cyera’s vision is to enable every business to realize the full potential of their data using AI – collaboration, connection with customers, insights that fuel innovation – to power a new era of development, growth, and productivity. This investment confirms that Cyera is on the right path to help CISOs meet their most pressing challenge – securing their data in the cloud era,” said Yotam Segev, Cyera Co-Founder and CEO.