Cyberhaven Raises $100 Million Series D at $1 Billion Valuation

Cyberhaven, a leader in AI-powered data security, has raised $100 million in Series D funding, led by StepStone Group with participation from Schroders and Industry Ventures, bringing its total funding to $250 million and valuing the company at $1 billion—a 7x increase in one year.

The company’s technology centers around data lineage, using a proprietary Large Lineage Model (LLiM) to trace and analyze data movement in real-time. This approach enables organizations to detect and prevent risks to sensitive data more effectively than traditional security tools.

CEO Howard Ting emphasized the need for next-gen security tools in the AI and cloud era, where data is fragmented and constantly moving. The funding will support platform expansion, market growth, and continued innovation to safeguard sensitive data globally.