Company

Two weeks ago, we announced our $100 million series B investment, led by Accel. Our strong partners Sequoia and Cyberstarts, and new investor Redpoint Ventures also participated in the round.

Today Cyera announced a major milestone in our journey. Securing a $100 million series B investment is significant. It validates the path that Tamar and I embarked on when we founded the company. Cyera’s vision to revolutionize data security is becoming a reality. 

Cloud-first software companies struggle to manage and secure their vast amounts of data, including sensitive types like source code, product roadmaps, collaborative documents, and customer data. Legacy security solutions fall short due to manual processes, limited classification, lack of context, and scalability issues. Cyera's modern data security platform offers automated data discovery, deep context, intelligent classification, and real-time remediation, ensuring cyber-resilience and compliance for software companies.

The blog highlights the integration of Azure OpenAI into the Cyera Data Security Platform, enabling generative AI models for faster and more precise data classification, deeper business context, and anomaly detection. Cyera's advanced machine learning capabilities automatically detect, classify, and understand data with high precision and speed across various cloud environments. The platform's ability to uncover and remediate data exposures help businesses make informed decisions regarding data security, privacy, and governance.

The GDPR is a privacy statute that sets high standards for data protection in the EU, with strict enforcement and fines for violations. US companies face challenges complying with GDPR's transfer regulations due to inadequate privacy protections and surveillance laws. Cyera offers solutions to manage data transfers, discover and protect data, and ensure compliance with GDPR requirements.

Cyera, a revolutionary data security company, celebrates its latest recognition by the Stevie Awards as the Bronze Stevie® Award winner in the Tech Startup of the Year - Services category. Despite being only two years old, Cyera has secured $60M in funding, built a comprehensive data security platform, and garnered multiple prestigious awards. Their platform provides real-time visibility, automation, and proactive controls, empowering organizations to safeguard their sensitive data across cloud environments and maximize its business value.

The Cyera Labs security research team released SafeType™. This extension for Chrome and Edge browsers lets you know when your ChatGPT session includes sensitive data and enables you to anonymize the information.

Cyera provides businesses with consistent visibility and a unified data security control plane.

In just our first year out of stealth, Cyera is leading the fast-growing data security posture management (DSPM) market.

Data is increasingly one of the most valuable assets of any modern-day business. As such, it is of utmost importance to secure it from attack and misuse. For security teams, awareness of what data the business manages, where it is located, and who has access to it is a significant challenge. Unfortunately, it is also a precursor for most data security technologies to function correctly, making it difficult or impossible to fully identify risk and take appropriate action.

Today’s a big day for everyone at Cyera. We’re excited to share that we’re launching the company with $60M in financing from Sequoia, Accel and Cyberstarts.