Report: Cyera seeks to raise funds at a $20 billion valuation

In depth

According to TheMarker and Calcalist, Cyera is holding preliminary talks with investors on a new funding round at a $20 billion valuation, according to a report by The Information. According to Calcalist, the talks are still at an early stage.

The company's last round took place in June, when it raised $600 million at a $12 billion valuation, according to Calcalist and Globes. According to Globes, the valuation was later expanded by an additional $400 million. According to Bizportal, since June the company has raised about $1 billion and acquired Oasis.