Cyera eyes $12B valuation at 80x ARR multiple despite operating losses0

• AI, ai coding assistant, AI regulation, Artificial Intelligence, Cyera, data breach, evolution equity partners, openai, pro-ai pacs, Security, Startups, Tech, Technology
• June 2, 2026

Data storage security company Cyera is finalizing a round led by Evolution Equity Partners of at least $300 million at a $12 billion valuation, according to four people with knowledge of the deal. Calcalist was first to report the funding deal, although TechCrunch’s sources added new details about the company and its financials. Cyera has