Israeli cybersecurity company Cyera has closed a $600 million funding round at a $12 billion valuation — roughly quadrupling its valuation in 18 months. The round, one of the largest in Israeli tech history, positions Cyera among the highest-valued private cybersecurity companies globally.
The Series G was led by Evolution Equity Partners, with participation from existing and new investors. Founded by Israeli entrepreneurs Yotam Segev and Tal Shachar, Cyera develops an AI-powered data security platform for cloud environments. The fourfold valuation jump over 18 months reflects surging demand for data security solutions in the age of enterprise AI adoption.
VC firms renew their bets
In parallel, StageOne Ventures — one of Israel's longest-standing VC firms — announced the close of a $165 million fund. Founded in 2004, StageOne focuses on early-stage Israeli startups in cybersecurity, infrastructure, and AI. The new fund signals sustained institutional confidence in the Israeli tech ecosystem even amid geopolitical headwinds.
The cybersecurity space remains particularly active: Israeli startup A.Security raised $37 million to build a platform that defends against AI-powered cyberattacks. The company, which develops autonomous defense tools, joins a wave of Israeli security startups that continue to command significant capital.
The hidden job market
CTech published a comprehensive investigation today mapping what it calls the "hidden job market" of Israeli high-tech. The data shows that more than 50% of positions in Israeli tech companies are never publicly listed, but instead filled through personal networks and internal referrals. The report reveals a growing gap between larger tech companies running structured hiring processes and smaller startups where word-of-mouth remains the primary hiring channel.
A broader snapshot
Israeli tech opened 2026 on a strong note, raising $3.1 billion in Q1 alone — an impressive figure that ranks Israel among the global leaders in technology fundraising despite a challenging security environment. However, alongside the successes, recent reports also highlight structural challenges: brain drain concerns, a strong dollar weighing on dollar-pegged revenues, and questions about long-term growth sustainability.
Israeli startup founders received a warm reception at New York Tech Week in early June, where U.S. investors expressed growing interest in Israeli technology companies across cybersecurity, AI, and enterprise infrastructure.
The bottom line
June 2026 reflects the persistence of Israeli tech's power: mega-rounds worth hundreds of millions, fresh VC capital entering the ecosystem, and a critical look at its internal dynamics. Cyera alone — a $12 billion company in less than five years — underscores that global demand for Israeli technology, particularly in cybersecurity, shows no signs of cooling.
