“Israel’s Cyera triples valuation to $1.4 bln in funding led by U.S. investment firm”
April 10, 2024
“April 9 (Reuters) – Israel’s data security firm Cyera has tripled its valuation to $1.4 billion in less than a year as it raised fresh capital in a series C funding led by U.S. tech-focused fund Coatue Management…
The rapid adoption of artificial intelligence has resulted in companies spending more to protect their systems from hack, leading to higher demand for firms such as Cyera that provide data security using its AI-driven platform…”
https://finance.yahoo.com/news/israels-cyera-triples-valuation-1-141755593.html