10th June 2026 Cyber Update: Cyera’s Reported $12B Valuation Sharpens the AI Data Security Race

Cyera’s reported $300 million raise at a $12 billion valuation shows how quickly enterprise data security is being repriced as AI adoption accelerates. The figures should be framed carefully, because Cyera has disputed the reported numbers.

10th June 2026 Cyber Update: Cyera’s Reported $12B Valuation Sharpens the AI Data Security Race

AI and data security company Cyera has raised $300 million at a valuation of $12 billion, according to Calcalist. The fundraising would bring Cyera's total capital raised to more than $2 billion. The latest round was reportedly led by Evolution Equity Partners, one of the most prominent investors in Israeli cybersecurity.

Calcalist first reported the latest financing, while subsequent reporting indicated Cyera had exceeded $150 million in annual recurring revenue despite remaining unprofitable. At the reported valuation, the deal would price the company at about 80 times ARR, underscoring how aggressively investors are valuing companies tied to data security and enterprise AI.

Cyera founders Yotam Segev and Tamar Bar-Ilan. (Photo: Ohad Kab)

People familiar with the matter said Cyera was spending heavily as it scaled, including on sales expansion. A Cyera spokesperson said the reported figures were "factually and significantly inaccurate," while Evolution Equity Partners did not comment publicly.

The financing would come only five months after Cyera announced a $400 million Series F at a $9 billion valuation led by Blackstone. If completed on the reported terms, Cyera's total funding would rise to at least $2 billion. According to PitchBook, Cyera has added 500 jobs so far this year.

“Enterprises want to move quickly, but they also recognize that AI without data security and governance is a risk they cannot afford...."

Why Does It Matter

Data discovery, classification, governance and protection have become board-level controls for AI adoption. In its January Series F announcement, Cyera said it secures data and AI for 20 percent of the Fortune 500. Yotam Segev, co-founder and CEO of Cyera stated:

"AI is reshaping the foundations of how every organization operates, and our mission is to ensure that this transformation happens securely."

Video on Cyera’s AI-Native DSPM providing clarity and control over your data by discovering, classifying, and securing it across SaaS, cloud, and on-prem environments. Source: YouTube

AI increases the value and risk of enterprise data at the same time. Sensitive information now feeds copilots, analytics tools, automation workflows and security systems. Misclassified or overexposed data becomes a direct operational risk. Adam Fletcher, chief security officer at Blackstone, said in Cyera's January release:

"AI is fundamentally changing the enterprise risk landscape, and data has quickly become one of the fastest-growing and least understood attack surfaces."

The practical question is not only whether Cyera's valuation is high, but why investors are paying for data-security scale now. AI governance programmes are credible only when organisations know where sensitive data lives, who can access it and whether it is being used safely.


Get the stories that matter to you.
Subscribe to Cyber News Centre and update your preferences to follow our Daily 4min Cyber Update, Innovative AI Startups, The AI Diplomat series, or the main Cyber News Centre newsletter — featuring in-depth analysis on major cyber incidents, tech breakthroughs, global policy, and AI developments.

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to Cyber News Centre.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.