The Accel-led round will allow Cyera to double its headcount from 100 to 200 employees over the next year and expand into Europe to address data localization and residency needs (see: Yotam Segev on What Distinguishes Cyera From Traditional DLP). The Silicon Valley-based company said the $100 million will help Cyera expand and broaden its offering to cover more pain points enterprises are experiencing around data security, according to co-founder and CEO Yotam Segev. See Also: JavaScript and Blockchain: Technologies You Can't Ignore
Cyera co-founder and CEO Yotam Segev and co-founder and CTO Tamar Bar-Ilan (Image: Cyera)Ī startup founded by longtime Israeli Military Intelligence leaders landed Series B funding to support the cloud and on-premises data protection needs of hybrid organizations.
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