Cyera has reportedly raised $500 million in a new funding round, doubling its valuation to $6 billion, according to CRN. The latest investment round follows reports from Calcalist and Bloomberg, with Lightspeed Venture Partners, Greenoaks, and Georgian cited as the lead backers. This marks another milestone for the data security startup, which had previously secured $300 million in November 2024.The company has been actively expanding its product portfolio beyond data security posture management (DSPM) to include data loss prevention (DLP) capabilities. Its recently launched Omni DLP solution is designed to provide consistent and adaptive data protection across environments, reflecting Cyera’s broader strategy to address enterprise security needs in the cloud and AI-driven era.Cyera’s momentum also includes a shift in channel strategy. The company recently hired Dave Rogers as its new channel chief to strengthen its partner ecosystem. His appointment signals a deeper push into partnerships as Cyera aims to position itself as a go-to solution for service providers supporting AI adoption and data governance.Founded in 2021, Cyera has now reportedly raised over $1.2 billion in total funding. As security demands continue to grow, the company’s latest raise and leadership moves suggest a continued focus on scaling through partner-led growth and product innovation.
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