Cyera Raises $400 Million As Customers Push For AI Cyber Defense | PYMNTS.com

Cyera has raised $400 million at a reported valuation of $400 million, pushing the company’s worth to about $9 billion, according to a Wall Street Journal report. The round came from Goldman Sachs Growth Equity, as urgency for AI cyber defense has accelerated “10-fold,” CEO and co-founder Yotam Segev said. Cyera’s traction includes its first client contract worth more than $10 million per year. The funding also follows Cyera’s recent $1 billion cash-and-stock acquisition of Oasis Security, focused on managing nonhuman identities such as AI agents. The article notes a broader surge in cybersecurity dealmaking, with $10.6 billion raised globally in the first half.