Cyera Raises $300M at $12B Valuation as AI Security Becomes Enterprise Infrastructure

Cyera, a New York-based AI security and data security company, has raised $300M at a reported $12B valuation. The round was led by Evolution Equity Partners and included participation from Accel, Blackstone, Coatue, Cyberstarts, Georgian, Greenoaks, Lightspeed, Redpoint, Sapphire Ventures, and Sequoia.

The funding reflects a broader shift across enterprise technology. As organizations accelerate AI adoption, data security is moving from a compliance discussion to a business-critical requirement that directly impacts how quickly companies can deploy AI initiatives.

Cyera's latest raise signals growing investor belief that AI security and data governance are becoming foundational layers of enterprise infrastructure, sitting alongside cloud, networking, and application security as strategic priorities.

What Happened

Cyera secured $300M at a reported $12B valuation, with Evolution Equity Partners leading the round alongside Accel, Blackstone, Coatue, Cyberstarts, Georgian, Greenoaks, Lightspeed, Redpoint, Sapphire Ventures, and Sequoia. In a venture market where capital has become increasingly selective, the round stands out as another strong signal that investors see long-term value in platforms helping enterprises secure data in the age of AI.

The company was founded by Co-Founders Yotam Segev, CEO, Tamar Bar-Ilan, CTO, and Yonatan Itai, VP of R&D. Long before AI became the dominant topic in enterprise technology, the team focused on a challenge that was hiding in plain sight: organizations knew they had data everywhere, but many lacked visibility into where sensitive information lived, who had access to it, and how it was being used across increasingly complex environments.

Why This Matters

For years, security conversations centered on devices, identities, networks, and applications. Data often sat quietly in the background, despite being the asset every security program was ultimately trying to protect. As AI adoption accelerated, that dynamic changed. Every new copilot, agent, model, and automation workflow increased the importance of understanding the underlying data feeding those systems.

That shift positioned Cyera in the middle of one of the fastest-growing segments of cybersecurity. The company focuses on helping enterprises discover, classify, govern, and protect sensitive information across cloud, SaaS, on-prem, and AI environments. Under the leadership of Brandon Sweeney, President; Jason Clark, Chief Strategy Officer; Joseph Iantosca, CFO; Aygun Suleymanova, CMO; Sharon Shaked, CPO; Shira Azran, CLO; and Lamont Orange, Chief Trust Officer, Cyera has expanded alongside growing enterprise demand for AI security solutions.

Cyera also sits within the rapidly expanding Data Security Posture Management category. Organizations increasingly need visibility into where data resides, how it moves, who can access it, and how AI systems interact with it. As enterprises scale AI deployments, data governance and security controls are becoming strategic business requirements rather than technical afterthoughts.

Market Context

The funding matters beyond the headline. Cyera reported 3.4x growth over the past year while continuing to expand among large enterprises adopting AI at scale. The move from a reported $9B valuation earlier this year to $12B today reflects more than company performance. It reflects changing market priorities.

Across the technology landscape, organizations are racing to deploy AI capabilities while simultaneously trying to manage risk. AI systems create new opportunities for productivity and automation, but they also introduce new pathways for sensitive data exposure. As a result, security is increasingly becoming a prerequisite for AI adoption rather than a control added after deployment.

This trend is also driving increased interest in categories such as AI Security Market, Enterprise AI Adoption, and Data Security Posture Management (DSPM), where organizations are searching for ways to balance innovation with governance.

What This Signals

The most valuable companies often emerge from problems that are widely recognized but insufficiently prioritized. While many organizations focused on applications, infrastructure, and access management, Cyera concentrated on securing the underlying asset creating both value and risk: data. That decision appears increasingly relevant as enterprise AI adoption expands.

The company has also assembled a board that includes Frank Slootman, Doug Leone, Philippe Botteri, David Schneider, Lior Simon, Pete Chronis, and Steffan Tomlinson. The presence of experienced operators and investors reflects a broader belief that AI security is developing into a durable infrastructure category rather than a temporary market theme.

Investors are not simply funding a cybersecurity company. They are placing capital behind a view of how enterprise technology stacks will evolve over the next decade.

The Bigger Industry Shift

The funding itself is the headline. The larger story is where capital continues to concentrate. Investors are increasingly backing platforms that help organizations understand, secure, govern, and control the data powering AI systems. As AI becomes embedded across enterprises, trust, governance, and security are becoming competitive advantages rather than compliance exercises.

Cyera's latest valuation offers another data point in a larger market transition. AI may generate the attention, but data remains the foundation beneath every model, workflow, and automation initiative. Companies that can help enterprises manage that reality are finding themselves at the center of one of technology's most important infrastructure shifts.