Cyera is in talks for a $20 billion valuation, five months after $12 billion

A five-year-old data-security startup is being valued at nearly double what it was worth five months ago. The Information reports that Cyera is in talks to raise money at a $20 billion valuation.

The Information broke the story on 29 October. Its report says Cyera has spoken to investors about a round at $20 billion. That is almost double its $12 billion valuation from June. The outlet attributes the figure to people familiar with the matter.

What Cyera does

Cyera protects corporate data across servers and other assets, Globes reports. Over the past year, the company has added protection against attacks that use large language models. Its latest product focus is on finding non-human identities inside a company, including AI agents.

Globes names Yotam Segev and Tamar Bar-Ilan as the co-founders. Both are veterans of the Israeli military's Unit 8200. The company is headquartered in Tel Aviv's Landmark tower.

How the valuation jumped

The round would land five months after a June Series G that Cyera announced at a $12 billion valuation. That earlier round was $600 million and led by Evolution Equity Partners, Globes reports. Globes also notes a $400 million follow-on investment from Goldman Sachs Alternatives after the Series G.

Globes puts the company's total funding at over $2 billion and says Cyera raised about $1.4 billion during 2026. The Information does not name an investor or set a close date for the current round. Both outlets write that the talks are at the discussion stage.

The context: an acquisition in the same quarter

Following its summer funding round, Cyera bought Oasis Security for about $1 billion in cash and stock, Globes reports. Oasis is an Israeli company that works on non-human identity. Globes writes that the move is meant to strengthen Cyera's work on identifying AI agents inside a company.

That purchase sits under the current valuation. Cyera is now writing billion-dollar checks of its own, in the same category it sells into. That is a signal about where it plans to grow. Globes states that Cyera is now the second-largest private Israeli company by valuation. The paper lists only VAST Data ($30 billion) ahead of it.

Reading the number for a team building AI products

A software team that has started adding AI agents to its product has a new buyer category to think about. Companies already pay for data security. They are now being asked to pay for a layer that watches AI agents too. Cyera's rise is a market telling that same team which problem is next on the buying list.

The round is not closed. The valuation The Information cites is a figure under discussion, not a signed term sheet. A rate that doubled in five months can shift again before the money arrives. Globes writes that the paperwork on the current talks has not been filed.

Source

Exclusive: Cybersecurity Mania Could Push Cyera Valuation to $20 Billion, The Information. Cyera in talks to raise funds at $20b valuation - report, Globes, Assaf Gilead.