Cyera Raises $600M at $12B Valuation

Israeli cybersecurity company Cyera raised $600 million at a $12 billion valuation, bringing its funding to more than $2 billion and lifting its value fourfold in 18 months. CTech reports Evolution Equity Partners led the round with Cyberstarts, Temasek and existing investors including Accel, AT&T Ventures, Blackstone, Coatue and Spark Capital. Cyera's surge shows that Israeli data security has become core infrastructure for companies trying to adopt AI without losing control.