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Sources: cloud security startup Cyera is planning to raise around $800M in a round led by Cyberstarts at a $20B valuation, up from $12B in June (Aaron Holmes/The Information)

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In short

Cyera is planning to secure approximately $800 million through a new financing round led by venture capital firm Cyberstarts. The proposed transaction assigns the cloud security startup a valuation of roughly $20 billion. This incoming capital will mark a notable increase in the cybersecurity company's overall financial standing.

Key points

  • The planned transaction marks a notable increase in market valuation for the business.: The planned transaction marks a notable increase in market valuation for the business.
  • Cyberstarts is taking the lead investment position in this significant funding round.: Cyberstarts is taking the lead investment position in this significant funding round.
  • Cyera is poised to substantially strengthen its capital reserves with an $800 million rai…: Cyera is poised to substantially strengthen its capital reserves with an $800 million raise.

Sources checked by our analysis pipeline: 1

Dina Bass / Bloomberg: |

Wall Street Journal: |

Emma Roth / The Verge: |

Djohnson / CyberScoop: |

Davey Alba / Bloomberg: |

Andrew E. Freedman / Tom's Hardware: |

Jaron Schneider / PetaPixel: |

Radhika Rajkumar / ZDNET: |

Tiffany Li / The Information: |

@metr_evals: |

Tom Warren / The Verge: |

Tom Warren / The Verge: |

Meghan Bobrowsky / Wall Street Journal: |

Natalia Kniazhevich / Bloomberg: |

Jay Peters / The Verge: |

Takashi Mochizuki / Bloomberg: |

Andrew Webster / The Verge: |

Brody Ford / Bloomberg: |

New York Times: |

Reuters: |

Takashi Mochizuki / Bloomberg: |

New York Times: |

Kevin Breuninger / CNBC: |

Isabelle Bousquette / Wall Street Journal: |

Kelly Cloonan / Wall Street Journal: |

Reuters: |

Ben Schoon / 9to5Google: |

Los Angeles Times: |

Aaron Holmes / The Information: |

Thinking Machines Lab: |

Ivan Mehta / TechCrunch: |

Rocket Drew / The Information: |

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