Data security unicorn Cyera has seen a massive 50% jump in valuation in under half a year.
The startup secured an additional $400 million in funding, pushing its valuation to roughly $3 billion. This follows a previous funding round just six months ago that valued the company at $2 billion.
Cyera’s rapid ascent highlights the exploding demand for Data Security Posture Management (DSPM). As enterprises struggle to secure sensitive data across cloud environments, investors are betting heavily on Cyera’s AI-driven automation to discover, classify, and protect critical assets.
This latest cash injection provides Cyera with the capital to scale aggressively and cement its dominance in the red-hot data security sector.
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