The Israeli cybersecurity firm has seen its valuation soar to $6 billion from $3.4 billion on the finish of 2023, “Bloomberg” studies.
Israeli cybersecurity firm Cyera is closing a $500 million financing spherical at an organization valuation of $6 billion, “Bloomberg” studies, amongst different media retailers. It is a main soar in valuation from the corporate’s most up-to-date valuation of $3.4 billion on the finish of 2023. The most recent spherical is being led by US funds Lightspeed, Greenoaks, and Georgian.
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Cyera was based in 2021 by CEO Yotam Segev, and CTO Tamar Bar-Ilan, who served collectively within the IDF’s Unit 8200. The corporate has developed options for managing and securing delicate information in organizations, with experience in figuring out essential info and assessing dangers surrounding its entry and use, primarily in advanced cloud infrastructures. Cyera’s purchasers embody corporations akin to AT&T and US monetary companies enterprises. Cyera is headquartered in New York, whereas its improvement middle stays in Tel Aviv.
The corporate has raised over $800 million to this point. The most recent financing spherical comes amid a seamless development of investments in information safety applied sciences, together with the acquisition of Israeli firm Wiz by search-engine large Google, for $32 billion.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on Could 21, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
Cyera founders Tamar Bar-Ilan ands Yotam Segev Picture: Menash Cohen
