Cyera Raises $400 Million As Customers Push For AI Cyber Defense

Cyera is reportedly a now $12 billion company amid concerns about artificial intelligence (AI)-related cyberthreats. The data security company reached that valuation after raising $400 million from Goldman Sachs Growth Equity, The Wall Street Journal (WSJ) reported Tuesday (Sept. “The urgency in the market for solutions has grown 10-fold,” Yotam Segev , chief executive and co-founder of Cyera, told the WSJ.