The Silicon Valley-based cybersecurity startup Cyberhaven has closed a $100 million Series D funding round, raising its valuation to $1 billion and officially placing it in the category of technology unicorns. This move underscores the growing interest of investors in AI-based enterprise security solutions.
The round was led by StepStone, with participation from Schroders and Industry Ventures, bringing the total amount raised by the company to $250 million.
A Behavior-Centric Approach and Data Lineage
Cyberhaven has adopted a strategy based on data lineage, a methodology that tracks the origin, transformations, and flows of information within an organization in real-time. Its Data Detection and Response (DDR) platform leverages AI algorithms to analyze user behavior and identify risks before they materialize.
This approach allows companies to:
- Prevent the exfiltration of sensitive data
- Visualize and understand data flows in real-time
- Train employees on risky behaviors
- Accelerate internal investigations with greater visibility
Additionally, Cyberhaven features an autonomous AI agent specifically designed to mitigate internal risks, one of the growing challenges in the hybrid work era.
A New Standard in Enterprise Security
According to Seyonne Kang, partner at StepStone, Cyberhaven’s progress is comparable to the creation of the EDR (Endpoint Detection and Response) market, which revolutionized device protection against traditional antivirus solutions:
“Just as EDR transformed endpoint security by focusing on behavior instead of signatures, Cyberhaven’s DDR approach redefines data security through AI-based behavioral analysis.”
Expansion and Acquisition Plans
Cyberhaven has confirmed that it will allocate the funds raised to:
- Expand its presence in new markets
- Accelerate product development
- Explore strategic acquisitions to strengthen its platform
With this momentum, Cyberhaven is solidifying its position as one of the most promising companies in the next-generation cybersecurity space, at a time when data protection and the detection of internal threats have become critical priorities for large corporations.
via: Securitynews