AI is a data problem. Now Cyera is raising up to $300M on a $1.5B valuation to secure it

Cyera, a San Mateo-based cybersecurity startup with Israeli roots, is reportedly finalizing a nearly $300M round led by Coatue with Accel participating, tripling its valuation to about $1.5B, underscoring sustained investor interest in security and the rising impact of AI on data protection. The company offers AI-enhanced data classification, posture management, detection and response, and access governance, and is seeing increased demand as enterprises grapple with the risks of AI and automation potentially exposing sensitive data.