Cybersecurity Firm Cyera Valued at $6 Billion in Funding Round

Data security business Cyera is set to be valued at $6 billion in a new investment round, according to people with knowledge of the matter.

The $500 million financing would almost double the company’s $3.4 billion valuation from late last year. It’s led by Lightspeed, Greenoaks and Georgian, with participation from existing investors Accel, Sequoia Capital and Sapphire Ventures.