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Cyera announced a $300 million Series C on April 9, 2024, at a company-reported valuation of $1.4 billion. Coatue led the round, which brought the data-security startup’s reported cumulative funding to $460 million. The $1.4 billion figure is the valuation for that 2024 round—not Cyera’s latest reported valuation.
Cyera’s Series C: amount, valuation and investors
Cyera said the Series C raised $300 million at a $1.4 billion valuation. The company’s April 9, 2024 announcement named Coatue as lead investor. It listed Spark Capital, Georgian and AT&T Ventures as new investors, and Sequoia, Accel, Redpoint and Cyberstarts as existing investors participating in the round. Cyera said its cumulative funding had reached $460 million. These are figures reported by the company, rather than independently audited financing disclosures. Cyera’s Series C announcement and contemporaneous TechCrunch coverage reported the financing.
What Cyera does
Cyera sells enterprise data-security software. When it announced the Series C, the company described its platform as an agentless way to discover, classify, assess and protect structured and unstructured data across cloud, SaaS, data-lake and on-premises environments. In practical terms, the aim is to help organizations understand what data they have, where it resides and how it moves across their systems. The product description reflects the company’s account at the time; it is not an independent assessment of performance or customer outcomes.
How Cyera’s reported valuation changed after Series C
Cyera later announced additional financing rounds at higher valuations. The figures below are company-reported; a round’s stated valuation is tied to that financing and should not be treated as a continuously updated measure of the business.
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| Announcement date | Round | Amount raised | Stated valuation | Lead investors named | Cumulative funding reported |
|---|---|---|---|---|---|
| April 9, 2024 | Series C | $300 million | $1.4 billion | Coatue | $460 million |
| November 20, 2024 | Series D | $300 million | $3 billion | Not stated in the company announcement | $760 million |
| January 8, 2026 | Series F | $400 million | $9 billion | Not stated in the company announcement | More than $1.7 billion |
| June 10, 2026 | Series G | $600 million | $12 billion | Not stated in the company announcement | Not stated in the company announcement |
Cyera announced the Series D, Series F and Series G figures in its releases dated November 20, 2024, January 8, 2026 and June 10, 2026. The latest valuation reported in those announcements is $12 billion for Series G—not the $1.4 billion associated with Series C.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Who founded Cyera?
Cyera was founded in 2021 by Yotam Segev, its CEO, and Tamar Bar-Ilan, its CTO, according to the company’s Series C announcement. Segev said the 2024 funding would support continued platform development and global team expansion.
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