Cyberstarts to Invest $300 Million in Israeli Unicorn Cyera

The venture capital fund Cyberstarts is set to invest approximately $300 million in the Israeli cybersecurity unicorn Cyera. This investment is part of a funding round that is nearing completion and is expected to bring in additional funds, potentially totaling around $800 million. The round values Cyera at approximately $20 billion, a significant increase from its previous valuation of $12 billion during its last funding round. This investment is notable for Cyberstarts, which typically focuses on very early-stage investments, indicating strong confidence in Cyera's future prospects.

Cyera has raised over $2.3 billion to date across eight rounds and is recognized as one of Israel's highest-valued private cybersecurity firms. Its most recent major funding round in June 2026 secured $600 million at a $12 billion valuation, followed by an additional $400 million extension from Goldman Sachs Alternatives in September 2026. The company's current annual revenue is estimated to exceed $300 million.

Cyberstarts, founded in 2018 by Gili Raanan, manages $1.5 billion and is known for its successful early-stage investments in cybersecurity, with a portfolio including major companies like Wiz, Upwind, and Fireblocks. Raanan, along with partners Lior Simon, Hila Zigman, and Dor Kenfuo, leads the fund. The decision by Cyberstarts to lead this round, despite its usual early-stage strategy, stems from a long-standing relationship with Cyera's founders.

Cyera was established in 2021 by Yotam Segev (CEO), Tamar Bar-Ilan (CTO), and Yonatan Itai (CVP), all graduates of the Talpiot program and Unit 8200. The company has developed an AI-driven data security platform that helps organizations locate, classify, track, and protect sensitive information across cloud environments, databases, enterprise systems, and AI applications. In response to the growing use of AI, Cyera has expanded its platform to secure AI systems and autonomous agents, identifying AI tools, their data access, and potential policy violations.

In recent years, Cyera has been an active acquirer, completing six acquisitions of Israeli companies since 2024 for an estimated cumulative value of $1.4 billion. These acquisitions aim to broaden its capabilities beyond sensitive data security to include data leak prevention, identity management, and AI security. Notable acquisitions include Trail Security ($162 million in October 2024), Shape AI and Otterize (tens of millions of dollars in June 2025), Ryft ($100-130 million in April 2026), Genie Security (estimated $50 million in May 2026), and Oasis Security (approximately $1 billion in September 2026), which specialized in non-human identity management.