At a time when growth rounds continue to be a major challenge among technology companies, Cyera's fundraise is notable not just for its size, but also because it nearly triples the company's valuation in less than a year.
Incidents like that are typical of what drives companies to sign up to Cyera, sometimes ahead of any crisis, sometimes in order to prevent another crisis.
Cyera's positioning as a solution provider for data security issues is resonating, evident in the significant valuation growth and investor interest.
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