Cyera has raised $600 million in a new funding round that values the data security company at $12 billion, marking a major step in its push to support enterprise adoption of artificial intelligence. The company said the investment will help accelerate the development of what it describes as a “trust layer” for AI, focused on governing what artificial intelligence systems and agents can access, observe, and act upon inside large organizations. The announcement comes as enterprises face mounting pressure to adopt AI while maintaining control over sensitive data, identity systems, privacy obligations, and security risks.
Funding Round Strengthens Cyera’s Market Position
The latest round was led by Evolution Equity Partners, with participation from Cyberstarts and Temasek, alongside existing backers including Accel, AT&T Ventures, Blackstone, Coatue, Spark Capital, and others. Cyera said the raise brings its total funding to more than $2 billion, positioning it among the most highly valued privately held cybersecurity companies globally. The company’s valuation has reportedly quadrupled over the past 18 months, reflecting investor confidence in its role within the rapidly expanding AI security market.
Cyera’s platform is designed to help enterprises understand where sensitive data resides, who or what can access it, and how that access should be governed as AI systems become more deeply embedded in business operations. The company argues that many organizations have invested heavily in AI models, chips, and compute infrastructure, but still lack the security and governance layer needed to deploy AI safely at scale. According to the announcement, this gap has become more urgent as companies struggle to distinguish between human activity and AI agent activity inside their own environments.
Building Infrastructure for Trusted AI Adoption
Yotam Segev, Cyera’s co-founder and chief executive, said the company’s customers are moving quickly to lead AI transformation but require stronger trust mechanisms to do so responsibly. He described trust as the foundation that allows companies to understand what their AI systems can see and do, particularly as agentic AI becomes more prevalent across enterprise workflows. The new capital, he said, will allow Cyera to build faster for organizations seeking to scale AI while controlling the risks created by data exposure and automated decision-making.
The company has expanded its platform over the past year with more than 100 new product capabilities across data security posture management, privacy, identity, data loss prevention, and agentic security. Cyera said these capabilities combine to give enterprises a unified way to govern data at rest, in motion, and in use, whether it is accessed by employees or AI agents. The platform also claims to discover and classify exabytes of enterprise data with more than 95% precision, allowing companies to identify sensitive records, assess exposure, and enforce access controls without disrupting existing workflows.
Enterprise Demand Drives Rapid Growth
Cyera’s recent growth reflects strong demand from large organizations seeking to secure AI deployments and manage data risk more effectively. The company said it has tripled annual recurring revenue for three consecutive years and now employs more than 1,500 people across 18 countries. Over the past 18 months, Cyera has also completed five acquisitions, including Ryft and Genie, to add specialized technology that strengthens its ability to govern AI use at enterprise scale.
Rich Baich, chief information security officer at AT&T, said Cyera provides visibility and context that can help companies secure AI adoption more effectively. He noted that understanding and controlling what AI can access is essential for scaling AI safely across complex enterprise environments. His comments underline the broader industry challenge facing security leaders as AI agents interact with increasingly sensitive systems and datasets.
Investors Back a Broader Cybersecurity Thesis
Evolution Equity Partners founder and managing partner Richard Seewald said Cyera is addressing a critical infrastructure problem that many competitors cannot solve at comparable depth or scale. He said the company has built a layer that helps enterprises understand what AI can see, learn from, and act on across large data environments. Cyberstarts general partner Lior Simon added that enterprises deploying AI at scale are encountering similar trust and visibility challenges, creating a significant market opportunity for Cyera.
The investment also highlights a broader shift in cybersecurity priorities as AI adoption moves from experimentation to production. Companies are no longer focused only on protecting traditional networks and endpoints, but also on governing the data and permissions that AI systems rely on. As AI agents take on more tasks, the ability to monitor access, enforce policies, and reduce exposure is becoming a central requirement for enterprise security programs.
Cyera’s $600 million funding round underscores the growing importance of data governance and security in the next phase of enterprise AI adoption. By positioning itself as a trust layer for AI, the company is targeting one of the most pressing barriers facing large organizations: the need to know and control what AI systems can access and do. With fresh capital, rapid revenue growth, and an expanding platform, Cyera aims to deepen its role in helping enterprises pursue AI transformation without losing visibility, control, or trust.