Tech · Full coverage
Cybersecurity Unicorn Cyera Nears $700M-$1B Acquisition of Israeli Oasis Security
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
First reported by Globes · 44 minutes ago
What happened
Cybersecurity unicorn Cyera is negotiating to acquire Israeli firm Oasis Security for $700 million to $1 billion, leveraging recent funding to boost AI-based product development and expand its global footprint.
- 01Cyera is in advanced talks to acquire Israeli Oasis Security for $700 million to $1 billion.
- 02Cyera recently raised $600 million at a $12 billion valuation, totaling $2.3 billion raised since 2021.
- 03Oasis Security was founded in 2022 and has raised about $195 million so far.
- 04Cyera’s annual recurring revenue is estimated above $200 million, tripling over three years.
- 05Cyera employs over 1,500 people in 18 countries and has completed five acquisitions recently.
- 06Cyera’s clients include Paramount, Chipotle, Valvoline, Hollister, and DocuSign.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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