The Israeli high-tech funding machine is running at full throttle. Cyera, the Tel Aviv-based data security and digital trust company, announced this week a $600 million Series G round at a $12 billion valuation — nearly quadrupling its valuation over the past 18 months.
The round was led by Evolution Equity Partners, with participation from Cyberstarts, Singapore's Temasek, and existing investors Accel, AT&T Ventures, Blackstone, Coatue, and Spark Capital. That brings Cyera's total raised to over $2.3 billion, making it the second-most valuable privately held Israeli tech company, behind only VAST Data.
Why it matters
Cyera is building what it calls a "trust layer" for the AI era — a platform that governs how AI models access enterprise data, detects anomalies, and prevents data leaks in real time. The thesis is resonating: the company raised $540M at $6B in mid-2025 and $300M at $3B in late 2024, doubling its valuation every 9–12 months.
Cyera's trajectory reflects a broader market shift. Investors are placing outsized bets on cybersecurity companies that sit at the intersection of AI and data control — a category that now commands premium multiples.
Other deals in the window
The second week of June also produced several other notable rounds:
Pi raised $35 million. Founded by former Microsoft and Tesla security leaders, its platform analyzes code, cloud infrastructure, and enterprise communications to detect real-time threats.
Jedify closed a $24 million Series A to build an enterprise context layer — a system that consolidates fragmented business data and feeds it directly into corporate AI models.
Upriver raised $10 million in seed funding. Founded by Talpiot graduates Ido Bronstein and Omri Lifshitz, the startup develops AI agents for autonomous enterprise data management. Backers include Cyera's founders and the creator of New Relic.
Macro context
The recent deals fit into a broader picture of a strong first half: Israeli tech startups raised approximately $8.6 billion in H1 2026, a 45% increase year-over-year. The number of rounds fell by about 35%, as investors concentrated capital in fewer, more mature companies.
Cybersecurity, AI infrastructure, and enterprise software remain the leading sectors. Thirteen rounds of $100M or more were completed since March, totaling roughly $3.4 billion.
Bottom line
Cyera is more than another Israeli success story — it signals a step-change in the cybersecurity industry at large, specifically at the intersection of AI, data control, and digital trust. If the pace holds, 2026 is on track to become Israeli tech's strongest year since 2021.
