Cyera raises $300M at $12B valuation, doubling its worth in five months

Artificial intelligence and data security company Cyera Ltd. has raised $300 million in new funding at a valuation of $12 billion, more than doubling its worth in five months. Founded in 2021, Cyera’s platform scans cloud accounts, data stores and software-as-a-service applications and maps where a company keeps sensitive information.