Cyera, a rapidly ascending player in the data security landscape, has achieved an estimated annual recurring revenue (ARR) of $69.8 million. Founded in 2021 by Yotam Segev and Tamar Bar-Ilan, both alumni of Israel’s elite Unit 8200, the company has swiftly positioned itself as a leader in Data Security Posture Management (DSPM). Cyera’s AI-driven platform offers organizations real-time visibility into their data across cloud, SaaS, and on-premises environments, enabling automated discovery, classification, and protection of sensitive information. This comprehensive approach addresses the growing complexities of data governance and compliance in the era of rapid AI adoption.

The company’s meteoric rise is underscored by its impressive funding trajectory, having secured a total of $760 million to date. Notably, Cyera raised $300 million in a Series D funding round in November 2024, doubling its valuation to $3 billion within seven months. This round was led by Accel and Sapphire Ventures, with participation from prominent investors such as Sequoia Capital, Redpoint Ventures, Coatue, and Georgian. The influx of capital has fueled Cyera’s expansion plans, including the acquisition of Trail Security for $162 million, enhancing its data loss prevention capabilities and solidifying its position as a unified data security provider.

Cyera’s growth metrics are equally compelling, with a 26-fold increase in revenue and a 21-fold surge in customer base over a two-year span. The company reports that nearly 10% of the Fortune 500 have adopted its solutions, reflecting the critical need for robust data security frameworks in large enterprises. With a workforce that expanded from 50 to 500 employees, Cyera is on track to reach $100 million in revenue in the latter half of 2025. CEO Yotam Segev envisions Cyera becoming the “CrowdStrike of data security,” aiming for billions in revenue as the company continues to innovate and lead in the AI-driven data security domain.