TechThe Information51m ago
Cyera’s $800 Million Haul Shows Cyber Fever Hasn’t Broken
TL;DRCloud security startup Cyera raised $800M at $20B valuation despite market skepticism.
Why it matters: Signals investors still bet big on cybersecurity despite broader venture funding slowdown.
Last week my colleagues Jemima and Valida scooped that Cyera, a five-year-old cloud security startup, was mulling a new fundraise at an eye-popping $20 billion valuation, up from $12 billion in June. Since then, those talks have gotten more serious, I’ve learned. Cyera is indeed…
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