Israeli ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/data-security” target=”_blank”>data security startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cyera” target=”_blank”>Cyera said on Wednesday it raised $540 million in a late-stage private funding round that doubled its valuation to $6 billion over the past seven months.
Cyera, whose platform is powered by AI, said it would use the funds to grow and scale its data security platform and capabilities.
As enterprises rapidly embrace ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/generative-ai” target=”_blank”>generative AI, copilots, and foundation models, securing the data that powers those systems has become a top priority, it added.
“Across the board, we’re hearing the need for enterprises to push hard on AI, yet…
