Data Security Firm Cyera Raises $400M, Hits $9B Valuation

Cyera raised a $400M Series F led by Blackstone at a $9B valuation, citing strong enterprise demand for AI-native data security; the company now secures data and AI for 20% of the Fortune 500, has grown to 1,100 employees, and reports 3.4x revenue growth with plans to triple again. Its platform combines DSPM, DLP, and identity, with the AI Guardian offering focused on autonomous AI risks, and new partnerships with Microsoft Purview, AWS, and Cohesity. Industry context includes a surge in cybersecurity funding ($14B, up 47% YoY) and research highlighting AI adoption outpacing governance, with limited visibility and control over AI data access.