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Israeli Cybersecurity Firm Cyera Eyes $20 Billion Valuation in New Funding Round
Israeli cybersecurity firm Cyera is reportedly in discussions to raise capital at a $20 billion valuation, just four months after a $600 million funding round. The company, founded by Unit 8200 alumni, protects organizational data and has recently acquired Oasis Security for $1 billion.
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What happened
- 01Cyera is in talks to raise capital at a $20 billion valuation.
- 02The company raised $600 million at a $12 billion valuation in June.
- 03Cyera was founded by Unit 8200 alumni Yotam Segev and Tamar Bar-Ilan.
- 04The firm acquired Oasis Security for $1 billion in cash and stock.
- 05Cyera has developed defenses against AI-driven cyberattacks.
Cyera has also expanded its defenses against AI-driven cyber threats.
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