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News Wire / technology

Data Security Startup Cyera Raises $300 Million

Hacker News 16h2h Impact 3
A startup focused on open-source AI security has raised $10 million. The company aims to build security solutions for artificial intelligence systems. The company's valuation is set at $12 billion, which is 80 times its annual recurring revenue.

Topics

AI security funding open source

Developing

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Sources · 7 independent

Hacker News

“We've raised $10M to build open source AI security.”

Bluesky Social

“Data security startup Cyera is raising a 300m USD funding round led by Evolution Equity Partners at a 12B valuation, valuing the company at 80 times its annual recurring revenue.”

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