Israeli Cybersecurity Firm Cyera Secures $400 Million Investment from Goldman Sachs

Israeli cybersecurity company Cyera announced on Tuesday a significant new investment of $400 million from Goldman Sachs Alternatives, a division of the global investment banking giant. This funding round expands upon Cyera's Series G, which was completed in June and led by Evolution Equity.

Goldman Sachs, managing approximately $4 trillion in assets worldwide, is a major player in growth equity investments, having deployed over $17 billion in technology and growth-stage companies since 2003. The investment comes amid the rapid integration of AI agents into corporate workforces, which promises productivity gains but also introduces new security risks. Unlike traditional software, AI agents can autonomously access sensitive data, use credentials, and perform actions, necessitating a new security model that connects data with identities.

Cyera's platform aims to provide organizations with control over what human, machine, and AI agents can access and do, ensuring actions align with business intent and permissions. The new capital will fuel further development of Cyera's AI security platform, expand its presence in the U.S. federal market, and support growth in Europe, the Middle East, Africa, and the Asia-Pacific region.

Founded in 2021 by former Talpiot program and Unit 8200 graduates Yotam Shvartz, Yonatan Ayalon, and Tamar Bar-Ilan, Cyera is now valued at over $12 billion. The company has previously raised funds from prominent investors including Lightspeed, Sequoia Capital, and Accel. Its client roster includes major corporations such as Paramount, Chipotle, and Valvoline.

Cyera's focus on data security has expanded to include AI agent security, offering visibility and control over data exposure and actions. The recent acquisition of Oasis Security, specializing in non-human identity management, further enhances Cyera's platform by integrating this crucial layer. This combined capability allows large organizations to manage access and actions for humans, systems, and AI agents from a single system.

"The entry of AI agents into organizations is changing the way they work, but also creating new risks," said Cyera CEO Yotam Shvartz. "As AI agents gain more access to data and systems and can perform more actions independently, organizations must know they remain in control. This current investment will allow us to continue connecting data security and identities, and give the world's largest organizations the confidence to expand their use of AI safely."

Irit Kahan, Managing Director at Goldman Sachs Alternatives, added, "AI security is expected to become one of the central areas in the technology world in the coming years. As organizations expand their use of AI agents, they need the ability to control both the data they are exposed to and the permissions granted to them. Cyera identified this need early, and its growth, the technology it has developed, and the trust from customers position it in a leading position in this market."