JERUSALEM, June 11 (Reuters) - Israeli data security
startup Cyera said on Wednesday it raised $540 million in a
late-stage private funding round to bring its valuation to $6
billion.
Cyera, whose platform is powered by AI, said it would use
the funds to grow and scale its data security platform and
capabilities to "meet growing global demand for secure,
responsible AI adoption in today's AI-driven enterprise."
The round was led by Georgian, Greenoaks, and Lightspeed
Venture Partners, alongside existing investors Accel, Coatue,
Cyberstarts, Redpoint, Sapphire, Sequoia Capital and Spark, the
company said.