Why Georgian Invested in Cyera (Again)

We are pleased to announce our latest investment in Cyera’s $540 million Series E funding round as the lead investor, out of Georgian Alignment Fund II. Our relationship with Cyera began in 2024 when Georgian invested in the company’s Series C round out of Georgian Growth Fund VI. This new investment reflects our continued conviction in Cyera’s vision to protect enterprise data in an AI-native world.

Cyera’s AI-native platform seeks to enable organizations to discover, classify and protect sensitive data across various environments, supporting secure AI adoption at enterprise scale. As businesses increasingly integrate generative AI, co-pilots and foundation models, securing the data that drives these systems has become a top priority. With the global cost of cybercrime projected to reach $10.5 trillion by 2025 and the average data breach costing $4.88 million in 2024, the financial stakes for inadequate data security are high.

Cyera’s momentum is reflected in its growth. Over the past 2 years, the company has achieved 26x revenue growth and 21x customer growth, with nearly 10% of the Fortune 500 companies choosing Cyera in 2025.

Since our initial investment, the company has demonstrated focused execution. Over the past 18 months, Cyera has:

• Achieved 353% year-over-year growth among Fortune 500 customers
• Expanded operations into 10+ countries
• Grown the team by over 500 people
• Launched 9 new products
• Secured visibility into over a zettabyte of enterprise data.

This latest round of capital is expected to help Cyera continue to meet its strategic growth objectives, including continued platform innovation, market presence expansion and overall global growth. 

The Growing Importance of Comprehensive Data Security

The landscape of data security tools and processes is evolving as organizations navigate the challenges of growing data volumes across cloud environments and the expanding role of AI applications. Gartner predicts that by 2028, more than 50% of enterprises will embrace a cloud-first strategy  to accelerate their business initiatives. To address these complexities, we believe enterprises need modern, broad solutions that provide real-time visibility, proactive protection and consistent compliance across their entire data ecosystem. We see such solutions as an essential element to help ensure effective security in dynamic, AI-driven environments while mitigating risks associated with sensitive data exposure.

Cyera’s AI-powered data security platform is designed to offer organizations a comprehensive and unified view of their data, helping to eliminate blind spots, reduce alert fatigue and protect sensitive information across diverse environments, including cloud infrastructure, SaaS applications, databases, AI ecosystems and on-premise systems. Leveraging automation and machine learning, Cyera’s platform enables quick threat detection, risk mitigation, and robust data protection, empowering enterprises to stay ahead in today’s threat landscape.

One of Cyera’s most recent product developments, Omni DLP, extends the Cyera platform with adaptive, AI-native data loss protection, and aims to bring real-time intelligence and contextual understanding to how data moves and is used across an enterprise. This feature is designed to allow customers not only to secure their data but also to leverage it safely and compliantly in an effort to drive business outcomes.

Why We’re Investing (again):

1. Market Leadership in a Rapidly Growing Market. In our view, Cyera has emerged as a leader in the Data Security Posture Management (DSPM) market, driven by its innovations and solid market adoption. The company doubled its valuation to $6 billion, with a 6x growth in 2024 alone – reflecting market momentum and customer traction. Cyera’s approach has resonated with many enterprises, resulting in being recognized as a Customers’ Choice in the 2025 Gartner Peer Insights “Voice of the Customer” report for DSPM.

• Product Innovation and Expansion. Cyera has evolved from a pure-play DSPM solution to a comprehensive data security platform. The company’s expansion into DLP and Identity Governance has served as a revenue driver for the company over the past 18 months. The acquisition of Trail Security enabled the launch of Omni DLP, a product aimed at reducing false positives and enhancing real-time data protection, while Cyera’s new identity module addresses emerging governance needs in AI-driven environments.

• Strong Leadership and Execution. The founding team, led by CEO Yotam Segev and CTO Tamar Bar-Ilan, has shaped  the expansion of the company to over 800 employees worldwide and built-out the company’s go-to-market motion. The company recently welcomed industry veteran Frank Slootman, former CEO and chairman of Snowflake and ServiceNow, to the board of directors. Slootman’s experience is expected to help guide Cyera in its next phase of growth.

At Georgian, we’re proud to continue our partnership with the Cyera team as they advance their mission to help organizations secure and manage data in today’s complex digital landscape.