Cyera raises $400M to be the trust layer for enterprise AI agents
Two bets landed the same afternoon: that the next enterprise security problem is machines holding credentials, and that the next agent runs on the phone in your pocket.
Cyera has raised another $400 million, from Growth Equity at Goldman Sachs Alternatives, extending the Series G that valued the data-security company above $12 billion in June. The round takes Cyera's 2026 fundraising to $1.4 billion and its total since June 2025 to roughly $1.94 billion, a figure The Wall Street Journal reported. The New York-based company, founded in 2021 by CEO Yotam Segev and CTO Tamar Bar-Ilan, has made six acquisitions; the largest was a $1 billion deal for Oasis Security, which manages non-human identities — the service accounts, API keys and machine logins that agents inherit and act through. Its Agent Guardian product watches what agents do with those permissions: which tools they call, which databases they query, what they change.
The strategic read is that enterprises spent a decade securing people and devices, and agents break the model by acting at machine speed with permissions nobody explicitly granted them. Cyera is selling the map that connects sensitive data to every identity that can reach it, which is why Goldman's Irit Kahan calls the gap between what agents are trusted to do and what they can reach "increasingly dangerous." Cyera says annual recurring revenue has tripled for three consecutive years and that 20 percent of Fortune 500 companies use its technology — company figures, unaudited. The Journal reports the fresh capital buys flexibility on the timing of an IPO, and that is the tell: this is pre-public positioning in a category investors now expect to become infrastructure.
Qualcomm finally named the chips its pre-Summit briefings were building toward: Snapdragon 8 Elite Gen 6 and a Snapdragon 8 Elite Extreme Gen 6, both on a 2nm process. The numbers that matter run locally. A new sensing hub drives models of up to 200 million parameters for a personal scribe, speaker separation and usage memory, and Qualcomm says the Extreme can run a 30-billion-parameter mixture-of-experts model on-device. The Extreme adds 8K capture at 60fps, 4K at 240fps, the APV codec and a larger NPU memory pool. We covered the 30B claim while it was still a briefing with no chip name attached — Qualcomm's next NPU runs 30B-parameter models on a phone — and the open question now is the one The Verge flags: the two chips look nearly identical on paper, but only one gets the bigger NPU. Motorola announced the Signature 27 on the Extreme, shipping later this year.
What to watch: whether Cyera's agent controls turn up in incident reports rather than pitch decks, and whether a shipping handset can hold a 30B model without a charger.
When an agent abuses permissions it inherited, who should be liable — the model vendor, the deployer, or the agent's owner? Tell us in the comments.
Sources: Cyera — $400 million investment from Goldman Sachs · SiliconANGLE · Tech Startups · CTech · The Verge · TechCrunch
