Sequoia-backed cybersecurity startup Cyera announced a massive $100 million funding round on Tuesday as investors continue to pour money into companies in the data security posture management (DSPM) space.
Cyera, a company with roots in Israel, said its Series B round was led by Accel. Sequoia, Cyberstarts and Redpoint Ventures also acquired stakes.
Since coming out of stealth in March 2022, Cyera has raised a total of $160 million to build and sell data security products that help organizations find and protect their cloud data stores.
Venture capital investors are betting that there is a huge market for technology that helps companies discover and classify attack paths to sensitive data stored in AWS, Azure, or GCP, DSPM. We’ve poured hundreds of millions of dollars into the category.
Cyera has a total of 100,000 capital stakes, including Normalyze ($26.6 million raised), Symmetry Systems ($15 million raised), Veza ($110 million raised), Laminar ($30 million) and Securiti.ai ($81 million). One of a growing list of solid early-stage DSPM startups. ) and Dig Security ($11 million).
Cyera says its AI-powered data security platform works across SaaS, PaaS, and IaaS environments to help enterprise defenders know where their data resides, who has access to it, and how it’s securely managed. He said it would help them understand whether they are at risk or are at risk of increasing risk across domains. and platform.
According to Cyera, its platform runs out-of-band and agentless, connects to a company’s cloud footprint in minutes, and can map every data store in the cloud, making security teams invisible until now. Makes the location visible.
Related: Cyera returns from stealth mode after spending $60M on data protection
Related: Dig Security Bank Invests $34M in Cloud Data Security
Related: IBM Acquires DSPM Startup Polar Security
Related: Sentra Raises $30M for DSPM Technology
