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Israeli AI Security Startup Cyera Raises $600 Million at $12 Billion Valuation

By ליאור באקאלו
Translated & summarized from Mako by baba
Israeli AI Security Startup Cyera Raises $600 Million at $12 Billion Valuation
Editorial illustration generated by baba News — not a photograph of the event.
The story · English

Can’t figure out what this AI is good for? The Israeli company already making $12 billion from it

Huge funding round for the Israeli company Cyera, which raised $600 million at a $12 billion valuation. The company develops a platform that helps organizations monitor what their artificial intelligence systems are doing. Its customers include Paramount, Chipotle and Docusign.

N12 | Lior Bakalo Published: 10.06.26, 15:18

Cyera executives | Photo: Natasha Zriker

In brief: The Israeli startup Cyera announced a $600 million fundraising round. The round was completed at a valuation four times higher than the one set in its last round about a year and a half ago. The company develops a platform that helps organizations monitor their AI activity.

Why it matters: An example of the Israeli high-tech sector’s ability to grow from AI without developing it.

The Israeli cybersecurity company Cyera announced today, Wednesday, the completion of a $600 million funding round at a $12 billion valuation, four times its valuation in the last round about a year and a half ago. The company develops a platform that enables organizations to monitor what their AI systems are doing and what information they are accessing, a field that has become one of the central challenges in implementing AI at large companies.

The problem Cyera aims to solve is one familiar to anyone using AI at work, who is actually monitoring what AI is doing? According to company data, about 68% of organizations are unable to distinguish between an employee’s action and an AI agent’s action within their systems. That means they do not know which documents the AI is accessing, what decisions it is making, and what it may leak.

"Trust begins with a clear understanding of what AI systems can see and what they are capable of doing. This was an essential foundational layer that organizations were missing," said Yotam Segev, co-founder and CEO of Cyera. According to him, the current funding round is intended to accelerate the development of the platform and expand the company’s activity into additional markets.

Who is Cyera? The company has raised more than $2.3 billion to date since it was founded.

The company employs more than 1,500 people in 18 countries. It says its annual recurring revenue (ARR) has tripled every year for three consecutive years. Over the past year and a half, Cyera has completed five acquisitions, including Ryft and Genie. The company’s customers include Paramount, Chipotle and Docusign.

AI applications (archive) | Photo: Aerps.com on Unsplash

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Cyera’s growth demonstrates the ability of Israeli high-tech to profit from the development of AI technology even without developing models. The success of companies of this kind, which provide services to companies using artificial intelligence, points to a possible path for startups that want to grow in the AI world through services to customers of giants like OpenAI, Google and Anthropic without competing with them.

The current funding round was led by Evolution Equity Partners, with participation from the Israeli cyber fund Cyberstarts and Singaporean investment fund Temasek. Existing investors who participated in the round include Sequoia, Blackstone, Accel and Coatue.

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Read the original at Mako
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