Cyberstarts Reportedly Raises $360 Million for Cyera and Seed Investments

Israeli cybersecurity investor Cyberstarts has reportedly raised about $360 million across two investment vehicles, including $300 million intended for an investment in data-security company Cyera. A report published on November 15 also described the completion of a $60 million seed fund, the firm's fifth. The seed fund is similar in size to Cyberstarts' four earlier seed funds, with money coming from entrepreneurs and private investors, mostly in cybersecurity. The separate $300 million vehicle pools investors into a single entity that would be registered as one shareholder. Cyera's anticipated financing round is reportedly about $800 million at a valuation of roughly $20 billion; that company fundraising remains prospective. Cyberstarts was founded by Gili Raanan in 2018 and first invested in Cyera in 2021, putting in $4.2 million at a valuation of about $15 million. The much larger proposed investment would extend beyond the investor's usual emphasis on seed-stage cybersecurity companies. On September 22, Cyera announced a $400 million Series G extension from Goldman Sachs Alternatives' Growth Equity business. Cyera cofounder and CEO Yotam Segev said, “AI infrastructure is moving faster than the security architecture around it.” The company describes its platform as combining data security and identity controls for access by people, machines and AI agents. It said the September investment would support product development and international expansion.