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Cyera secures $400m Series F as demand for enterprise AI security grows
Yahoo Finance· 2026-01-09 10:40
Funding and Valuation - Cyera has secured $400 million in a Series F funding round, increasing its total capital to over $1.7 billion and raising the company's valuation to $9 billion [1] - Blackstone led the investment, with participation from existing backers including Accel, Cyberstarts, Coatue, Georgian, Lightspeed Venture Partners, Greenoaks, Redpoint, Sequoia Capital, Sapphire, and Spark [1] Business Operations and Client Base - The new funding comes six months after Cyera's previous round, and the company provides AI and data security solutions to businesses [2] - Cyera has handled data and AI protection for 20% of Fortune 500 companies over the past year, with clients spanning sectors such as financial services, retail, healthcare, technology, media and entertainment, and telecommunications [2] Workforce and International Expansion - During the past year, Cyera tripled its workforce to over 1,100 employees and expanded its international operations to 15 countries across North America, EMEA, and APAC regions [3] - Industry analysts note an increasing enterprise adoption of AI technologies [3] Product Development and Strategic Initiatives - Earlier this year, Cyera launched AI Guardian, a unified security solution for businesses operating with advanced AI systems [4] - The company plans to use the new funds to invest in product development, expand internationally, strengthen ecosystem relationships, and recruit additional staff [6] Partnerships and Industry Positioning - Cyera announced strategic partnerships with Microsoft Purview, AWS, and Cohesity to enhance industry collaboration [5] - The company emphasizes that securing AI is a cornerstone of enterprise trust and is committed to leading this shift [5]