Cyera Emerges From Stealth Mode With $60M to Secure Cloud
Cloud data security startup Cyera emerged from stealth mode today with $ 60 million in funding, as the Israeli cybersecurity firm start an objective to assist business discover and secure information saved in different cloud environments.
Co-founded in 2021 by Yotam Segev (CEO) and Tamar Bar-Ilan (CTO), the duo that created and ran the cloud security division inside the Israel Defense Forces’ Unit 8200, the company now has more than 50 staff members.
The business discusses that its platform can immediately discover business information throughout numerous clouds and datastores, and figure out which of that information is sensitive and where it’s most at danger.
Running out-of-band and without agents, Cyera says its platform can be connected to a business’s cloud footprint in minutes and map all datastores in the cloud, providing security teams with visibility into places they may not have been able to see in the past.
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“The hands-on experience leading Unit 8200’s cloud security effort gave us a real sense of both the promise and the challenges in this space. We saw simply how fast information moved, replicated, and increased in the cloud, and how traditional methods simply couldn’t keep up,” Segev stated.
The company says the funds will be used to develop the performance and functions of its cloud information security platform.
The financing was led by Sequoia Capital, with other investor participation from Accel, Cyberstarts and René Bonvanie, previous CMO at Palo Alto Networks.
For more than 10 years, Mike Lennon has been closely keeping track of the risk landscape and analyzing patterns in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of a number of leading security market conferences around the world.Previous Columns by Mike Lennon