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

Cyera is reportedly nearing a $300 million round at a potential $12 billion valuation.

TechCrunch reports that cybersecurity company Cyera is nearing a $300 million funding round led by Evolution Equity Partners. The deal could value the company at around $12 billion, or roughly 80 times ARR. The report highlights that this high valuation is being pursued despite operating losses, underscoring investor appetite for fast-growing cybersecurity businesses.

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