Cyera nears $800M round at $20B, with Cyberstarts putting in about $300M
What's the deal? Cyera is raising about $800 million at a $20 billion valuation, according to The Information, which said the round is led by Cyberstarts. Calcalist reported on 9 November that Cyberstarts is preparing to put in roughly $300 million of that, that the round is in advanced stages of closing with other investors expected to join, and that Cyera's annual recurring revenue is estimated at around $300 million. Cyera has declined to comment.
What does it do? Cyera builds AI-powered data protection, mapping where sensitive records sit across cloud storage, databases, and email, then flagging exposure. It has been extending that engine to control what AI agents can access.
Why now? The proposed valuation would nearly double the $12 billion Cyera reached in a $600 million Series G led by Evolution Equity PartnersDealroom has a profile for this one. Try Dealroom → earlier this year, with Cyberstarts and Temasek also taking part. Goldman Sachs Alternatives later added $400 million in September. Cyera's price has climbed from $3 billion in 2024 to $6 billion in 2025 and $12 billion in 2026.
What's the endgame? Cyera has also closed its roughly $1 billion acquisition of Oasis Security, extending its reach into AI-agent identity and access control. A $20 billion price would put it among Israel's most valuable private cybersecurity companies as Israeli startups raise $11.4B in Q1-Q3 2026 and sit on track for $15.2B for the year (Dealroom Israel annual funding).
The Cyberstarts angle: A $300 million cheque is unusual for Gili Raanan's fund, which is known for backing Israeli cyber founders at the earliest stage, often before they have a product (Wiz, Fireblocks and Island are also in its portfolio). Cyberstarts wrote Cyera's first seed cheque in 2021, $4.2 million at a $15 million valuation, and has followed on since, including in the $600 million Series G. Cyberstarts said in September 2025 that it managed more than $1.4 billion across seven funds.
Buying its platform: Since 2024 Cyera has made six acquisitions worth an estimated $1.35 billion combined, per Calcalist: Trail Security ($162 million, October 2024), Shape AI and Otterize (June 2025), Ryft ($100-130 million, April 2026), Genie Security (about $50 million, May 2026) and Oasis Security (about $1 billion, completed September 2026, reportedly around $700 million of it in cash).
Source: The Information, Calcalist / Ctech (9 November 2026), Globes, Techmeme
