Cyera raises $400 million extension from Goldman Sachs Alternatives

Total Cyera fundraising since June 2025 reaches $1.94 billion

Data-security company Cyera raised $400 million from Goldman Sachs Alternatives in an extension of its June Series G funding round, bringing total fundraising since June 2025 to $1.94 billion, chief executive Yotam Segev told The Wall Street Journal.

The investment came from Growth Equity at Goldman Sachs Alternatives, the private-markets arm of Goldman Sachs’s asset-management division. Cyera’s $600 million Series G in June valued the New York-based company at $12 billion. Discussions about bringing Goldman on as a strategic investor took place alongside the June financing, but internal processes delayed the deal until now, according to Segev.

The latest capital injection was driven more by the opportunity to bring Goldman Sachs on as a strategic investor than by an immediate need for cash, Segev said. “We want to be in a position to choose the right companies to expand the Cyera portfolio,” he said.

The funding extends a financing run that stands out even in a sector awash with capital, according to Crunchbase data showing $10.6 billion raised by cybersecurity and privacy startups globally in the first half of 2026, with more than 20 companies raising rounds of at least $100 million during the period. The company has also become an aggressive acquirer during that period, completing earlier this month a $1 billion cash-and-stock acquisition of Oasis Security, a firm that specializes in managing nonhuman identities such as AI agents and automated software tools. Segev said Cyera plans to stay alert for further M&A opportunities, and while internal engineering will drive most product development, the company continues to evaluate targets that could expand its data-security platform.

Unfettered access to private capital gives Cyera flexibility over the timing of an initial public offering. Segev said the company has its “sights on going public” and is taking steps to ensure IPO readiness, but emphasized there is little immediate urgency. “We can and we might,” Segev said. “But whether or not that happens, it definitely seems there are other avenues that we can continue to grow and proceed in.”

Public-market enthusiasm for the sector has also intensified. Cybersecurity stocks surged on Sept. 14 after prominent AI industry figures warned about the systemic risks posed by frontier models and called for a slower pace of development. CrowdStrike Holdings, Zscaler, and Palo Alto Networks all saw double-digit percentage gains that day, even as the S&P 500 fell 0.5% and the tech-heavy Nasdaq composite dropped 0.6%. The First Trust Nasdaq Cybersecurity ETF, which tracks the largest vendors in the sector, jumped 6% on Sept. 14 and retained nearly all of its gains through Friday.

Segev linked investor enthusiasm to corporate-customer demand. “The urgency in the market for solutions has grown 10-fold,” he said. He noted that Cyera recently signed its first client spending more than $10 million annually with the firm.

Still, Segev acknowledged much of the potential market remains years away from full adoption. Companies buying today represent innovators and early adopters, he said, while others may not be ready to make similar commitments for several years.