Funding round
Cyera Series D
Cyera, which works in AI-Powered data security platform development in New York, raised $300M in a Series D round announced on 20 Nov 2024, led by Accel and Sapphire Ventures, at a $3.00B post-money valuation. 6 firms took part, 6 of them already investors. It is Cyera's fourth venture round on record; the one before was a Series C in Apr 2024.
$300M
Amount raised
$3.00B
Post-money valuation
6
Investors
2 leads
2.1x
Step-up from the Series C
$1.40B in Apr 2024
10%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Cyera at $3.00B after the new money, 2.1 times the $1.40B of its Series C (Apr 2024). The $300M bought investors about 10% of the company. It came 7 months after Cyera's Series C. It is 13% of the $2.25B Cyera has raised in the venture rounds on record. Cyera raised again 7 months later: a Series E round of $540M in Jun 2025, at $6.00B post-money.
Cyera's funding rounds
Cyera has 7 venture rounds on record. This one is highlighted.
- Seed 29 Mar 2022 $5.0M
- Series B 27 Jun 2023, led by Accel $100M
- Series C 9 Apr 2024, led by Coatue $300M$1.40B post-money
- Series D this round 20 Nov 2024, led by Accel and Sapphire Ventures $300M$3.00B post-money
- Series E 11 Jun 2025, led by Georgian, Greenoaks and Lightspeed Venture Partners $540M$6.00B post-money
- Series F 8 Jan 2026, led by Blackstone $400M$9.00B post-money
- Series G 10 Jun 2026, led by Evolution Equity Partners $600M$12.00B post-money
Investors
Who put money in
Accel and Sapphire Ventures led the round with 4 other firms. Accel, Sapphire Ventures, Sequoia Capital and Redpoint Ventures and 2 more had backed Cyera before.
Lead investors
- Accel backs 581 venture-backed companies existing investor
- Sapphire Ventures backs 148 venture-backed companies existing investor
Also in the round
- Sequoia Capital backs 589 venture-backed companies existing investor
- Redpoint Ventures backs 194 venture-backed companies existing investor
- Coatue backs 229 venture-backed companies existing investor
- backs 54 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
99 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 3.0 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 19 Nov 2024 | $125M | not disclosed | World Innovation Lab and Qatar Investment Authority |
| Tech Companies | 21 Nov 2024 | $25M | not disclosed | Elevation Capital and Dharana |
| Tech Companies | 20 Nov 2024 | $7.0M | not disclosed | Sageview Capital |
| Armis Tech Companies | 28 Oct 2024 | $200M | $4.20B | General Catalyst and Alkeon |
| Tech Companies | 21 Oct 2024 | $190M | $2.20B | BOND |
| Tech Companies | 8 Oct 2024 | $135M | $1.00B | Bain Capital Ventures |
| Tech Companies | 12 Dec 2024 | $96M | $511M | Ontario Teachers’ Pension Plan |
| Tech Companies | 10 Oct 2024 | $70M | not disclosed | Hedosophia |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Cyera raise in its Series D round?
Cyera raised $300M in its Series D round, announced in Nov 2024.
Who led Cyera's Series D round?
Accel and Sapphire Ventures led it, with Sequoia Capital, Redpoint Ventures, Coatue and Georgian.
What was Cyera's valuation at the Series D round?
$3.00B post-money.
How does it compare with other Series D rounds in Tech Companies?
99 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 3.0 times the median.
Did Cyera raise again after this round?
Yes: a Series E round in Jun 2025 of $540M at $6.00B post-money.