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Georgian, Greenoaks, and Lightspeed Venture Partners led a $540m Series E round in Cyera.

Synopsis

Investment firms Georgian, Greenoaks, and Lightspeed Venture Partners led a $540m Series E round in Cyera, a data security company. “Investors are doubling down where the market is moving and where there is proven traction. AI runs on GPUs and data. Cyera’s focus on data security is the most critical capability the enterprise needs to adopt AI responsibly. Across the board, we’re hearing the need for enterprises to push hard on AI, yet they must move fast without compromising security and control. This funding allows us to scale our platform and team to meet the growing global demand for secure, responsible AI adoption,” Yotam Segev, Cyera co-founder and CEO.

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