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Blackstone leads US$400m cyber startup Cyera investment


Blackstone leads US$400m cyber startup Cyera investment

Banner with logo for artificial intelligence native cybersecurity company Cyera. (Image: Getty) By Kate ClarkBlackstone is leading a US$400 million (NZ$693m) investment in data security firm Cyera, valuing the New York-based company at US$9 billion, according to people familiar with the matter. Cyera is among a crop of cybersecurity startups leveraging artificial intelligence to protect companies from new security vulnerabilities introduced by AI. The startup, founded in 2021 by former Israeli Defence Forces military intelligence officers Yotam Segev and Tamar Bar-Ilan, raised funding at a US$6b valuation in June. 'The...

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