Israeli Cybersecurity Firm Cyera Raises Additional $400 Million, Totaling $1 Billion

Israeli cybersecurity firm Cyera announced it has secured an additional $400 million in funding from Goldman Sachs Alternatives, bringing its total funding round to $1 billion. This latest investment follows a $400 million round in June led by Evolution Equity, and the company's valuation now exceeds $12 billion.

The new capital will be used to accelerate the development of Cyera's AI security platform, which integrates data security and identity management. The company aims to address the emerging risks associated with the increasing use of AI agents within organizations. These agents, unlike traditional software, can autonomously access sensitive information, make decisions, and perform actions, posing new security challenges.

Cyera, founded in 2021 by former Talpiot and Unit 8200 graduates Yotam Shacham, Yonatan Itai, and Tamar Bar-Ilan, has expanded its focus from data security to AI agent security. The recent acquisition of Oasis Security, specializing in non-human identity management, further enhances Cyera's platform by enabling unified access control for humans, systems, and AI agents.

"As AI agents gain more access to information and systems and can perform more actions independently, organizations must know they remain in control," said Yotam Shacham, Cyera's co-founder and CEO. The funding will also support Cyera's expansion into the U.S. federal market and further growth in Europe, the Middle East, Africa, and Asia-Pacific regions.

Goldman Sachs Alternatives highlighted the growing importance of AI security, with Managing Director Irit Kahn stating, "Cyera identified this need early, and its growth, the technology it has developed, and the trust from customers position it as a leader in this market."