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

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Cyberhaven has secured a $100 million Series D funding round led by StepStone Group (Nasdaq: STEP), along with Schroders and Industry Ventures. This investment values the company at $1 billion, representing a sevenfold increase in just one year and bringing total funding to $250 million.

The AI-powered data security company's platform leverages data lineage and a proprietary Large Lineage Model (LLiM) to trace how data originates, moves, and transforms throughout organizations. This technology enables real-time observability of data flows and precise threat detection.

The funding will support platform expansion through M&A and organic innovation, alongside increased market reach through go-to-market investments. The company aims to address modern data security challenges in an era where data constantly moves between endpoints, cloud platforms, and AI systems.

Cyberhaven ha ottenuto un finanziamento di 100 milioni di dollari nella Serie D guidato da StepStone Group (Nasdaq: STEP), insieme a Schroders e Industry Ventures. Questo investimento valuta l'azienda 1 miliardo di dollari, rappresentando un aumento sette volte superiore in appena un anno e portando il finanziamento totale a 250 milioni di dollari.

La piattaforma della compagnia, specializzata nella sicurezza dei dati alimentata dall'IA, sfrutta la provenienza dei dati e un modello proprietario chiamato Large Lineage Model (LLiM) per tracciare come i dati originano, si spostano e si trasformano all'interno delle organizzazioni. Questa tecnologia consente un'osservabilità in tempo reale dei flussi di dati e una rilevazione precisa delle minacce.

Il finanziamento supporterà l'espansione della piattaforma attraverso fusioni e acquisizioni e innovazione organica, insieme a una maggiore penetrazione di mercato grazie a investimenti per l'ingresso nel mercato. L'azienda mira a affrontare le sfide moderne della sicurezza dei dati in un'epoca in cui i dati si spostano costantemente tra punti finali, piattaforme cloud e sistemi di IA.

Cyberhaven ha asegurado una liderada por StepStone Group (Nasdaq: STEP), junto con Schroders e Industry Ventures. Esta inversión valora a la empresa en 1 mil millones de dólares, lo que representa un aumento de siete veces en solo un año y lleva el financiamiento total a 250 millones de dólares.

La plataforma de la empresa, impulsada por IA y especializada en seguridad de datos, aprovecha la procedencia de los datos y un modelo propio llamado Large Lineage Model (LLiM) para rastrear cómo los datos se originan, se mueven y se transforman dentro de las organizaciones. Esta tecnología permite la observabilidad en tiempo real de los flujos de datos y una detección precisa de amenazas.

La financiación apoyará la expansión de la plataforma a través de fusiones y adquisiciones e innovación orgánica, junto con un mayor alcance en el mercado mediante inversiones para la entrada al mercado. La empresa tiene como objetivo abordar los desafíos modernos de la seguridad de datos en una era donde los datos se mueven constantemente entre puntos finales, plataformas en la nube y sistemas de IA.

Cyberhaven1억 달러 규모의 D 시리즈 투자StepStone Group (Nasdaq: STEP)의 주도로, Schroders 및 Industry Ventures와 함께 확보했습니다. 이번 투자는 회사를 10억 달러로 평가하며, 단 1년 만에 7배 증가한 수치로 총 투자액은 2억 5천만 달러에 이릅니다.

AI 기반 데이터 보안 회사의 플랫폼은 데이터 출처와 독점적인 대규모 출처 모델(LLiM)을 활용하여 데이터가 어떻게 생성되고 이동하며 변형되는지를 추적합니다. 이 기술은 데이터 흐름의 실시간 가시성과 정밀한 위협 탐지를 가능하게 합니다.

이번 자금 지원은 인수합병 및 유기적 혁신을 통한 플랫폼 확장을 지원하며, 시장 진입을 위한 투자로 시장 도달 범위를 확대할 것입니다. 이 회사는 데이터가 엔드포인트, 클라우드 플랫폼 및 AI 시스템 간에 지속적으로 이동하는 시대에 현대 데이터 보안 문제를 해결하는 것을 목표로 하고 있습니다.

Cyberhaven a sécurisé un financement de 100 millions de dollars lors de la série D dirigé par StepStone Group (Nasdaq: STEP), avec Schroders et Industry Ventures. Cet investissement valorise l'entreprise à 1 milliard de dollars, représentant une augmentation sept fois supérieure en seulement un an et portant le financement total à 250 millions de dollars.

La plateforme de cette entreprise spécialisée dans la sécurité des données, alimentée par l'IA, exploite la provenance des données et un modèle exclusif appelé Large Lineage Model (LLiM) pour retracer comment les données proviennent, se déplacent et se transforment au sein des organisations. Cette technologie permet une observabilité en temps réel des flux de données et une détection précise des menaces.

Le financement soutiendra l'expansion de la plateforme par le biais de fusions et acquisitions et d'innovations organiques, tout en augmentant la portée sur le marché grâce à des investissements pour l'entrée sur le marché. L'entreprise vise à relever les défis modernes de la sécurité des données à une époque où les données se déplacent constamment entre les points de terminaison, les plateformes cloud et les systèmes d'IA.

Cyberhaven hat eine Finanzierungsrunde der Serie D über 100 Millionen US-Dollar unter der Leitung von StepStone Group (Nasdaq: STEP), zusammen mit Schroders und Industry Ventures, gesichert. Diese Investition bewertet das Unternehmen mit 1 Milliarde US-Dollar, was einen siebenfachen Anstieg innerhalb eines Jahres darstellt und das Gesamtfinanzierungsvolumen auf 250 Millionen US-Dollar bringt.

Die KI-gestützte Datensicherheitsplattform des Unternehmens nutzt Datenherkunft und ein proprietäres Large Lineage Model (LLiM), um nachzuvollziehen, wie Daten entstehen, sich bewegen und innerhalb von Organisationen transformiert werden. Diese Technologie ermöglicht eine Echtzeit-Überwachung von Datenflüssen und eine präzise Bedrohungserkennung.

Die Finanzierung wird die Plattformexpansion durch Fusionen und Übernahmen sowie organische Innovation unterstützen, während gleichzeitig die Marktreichweite durch Markteinführungsinvestitionen erhöht wird. Das Unternehmen hat sich zum Ziel gesetzt, moderne Herausforderungen der Datensicherheit in einer Ära anzugehen, in der Daten ständig zwischen Endpunkten, Cloud-Plattformen und KI-Systemen bewegt werden.

Positive
  • Secured substantial $100M Series D funding
  • Achieved unicorn status with $1B valuation
  • 7x valuation increase in one year
  • Total funding reached $250M
  • Strategic expansion planned through M&A
Negative
  • None.

Insights

StepStone Group's leadership in Cyberhaven's $100 million Series D round represents a strategic positioning in the rapidly evolving cybersecurity sector. With Cyberhaven reaching a $1 billion valuation—a sevenfold increase in just one year—this investment demonstrates StepStone's ability to identify high-growth opportunities in the alternative investment landscape.

The investment aligns perfectly with two major market trends: the explosion of AI technologies and the growing demand for sophisticated data protection. As a private markets investment firm, StepStone's participation in late-stage venture funding rounds like this one is core to their business model and showcases their ability to access high-profile deals that could generate significant returns.

While the exact dollar amount of StepStone's contribution isn't specified beyond their lead investor role, this investment fits within their broader strategy of deploying capital across alternative assets. Partner Seyonne Kang's direct quote comparing Cyberhaven's approach to the EDR revolution indicates StepStone's conviction in the company's technological differentiation and market potential.

For StepStone shareholders, this investment demonstrates management's continued execution in identifying potentially valuable growth opportunities. The cybersecurity sector has historically delivered strong exit multiples, whether through IPOs or strategic acquisitions, positioning this investment as a potential value driver in StepStone's portfolio.

Data Detection and Response Leader Delivers the Most Powerful Data Security Platform Built with Data Lineage and AI

PALO ALTO, Calif., April 2, 2025 /PRNewswire/ -- Cyberhaven, the leader in AI-powered data security, today announced $100 million in Series D funding led by StepStone Group (Nasdaq: STEP) along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth and cement its position as the leader in AI-powered data protection. The company's innovative data tracing and risk detection capabilities, powered by its proprietary data lineage and foundational AI technologies, enable organizations to accurately detect and stop critical risks to their most important data. This latest investment brings Cyberhaven's total funding to $250 million and propels the company to a $1 billion valuation, a sevenfold increase in just one year.

"We are building the data security platform to tackle the most difficult challenges facing enterprise security teams with a fundamentally new approach," said Howard Ting, CEO of Cyberhaven. "In today's AI-driven world, data protection must evolve beyond traditional approaches and boundaries. We're giving organizations complete visibility and real-time control over their data, regardless of how it transforms or where it flows."

The explosion of AI and cloud technologies has fundamentally changed how data is captured, processed and utilized within organizations. Data is no longer confined to files; instead, it's highly fragmented and constantly moving—spreading across endpoints, cloud platforms, and AI systems in ways that traditional security tools cannot effectively track or protect. As data transforms and flows between applications, the risk of sensitive information being exposed or misused increases exponentially.

Cyberhaven's revolutionary approach centers on data lineage—the ability to trace how data originates, moves, and transforms throughout an organization at a scale and precision unmatched by any other solution in the market. The company's cutting-edge platform is built on a proprietary AI model operating on this graph of data movement—a Large Lineage Model (LLiM). This AI-powered foundation provides unparalleled real-time observability of data flows and unprecedented precision for detecting and stopping threats to data as they are happening.

"We're witnessing a paradigm shift in data security similar to Endpoint Detection and Response a decade ago," said Seyonne Kang, Partner at StepStone Group. "Just as EDR revolutionized endpoint security by focusing on behavior rather than signatures, Cyberhaven's Data Detection and Response approach is redefining data security by applying AI-based behavioral analysis to data. We're excited to partner with this incredible team as they build the future of data protection in a world where data is constantly in motion."

With this new funding, Cyberhaven plans to expand its platform through both M&A and organic innovation, increase its market reach through aggressive go-to-market investments, and continue its mission to protect the world's most sensitive data.

About Cyberhaven
Cyberhaven is the AI-powered data security company revolutionizing how companies detect and stop the most critical threats to their most important data. Until now, data security products were limited to scanning data content and looking for specific user actions. Our AI technology analyzes billions of workflows to understand every piece of data within an organization, when it's at risk, and takes action to protect it. It's like nothing that's come before and protects data like nothing else. For more information, visit https://www.cyberhaven.com/.

 

Cision View original content:https://www.prnewswire.com/news-releases/cyberhaven-raises-100-million-series-d-at-1-billion-valuation-302418497.html

SOURCE Cyberhaven

FAQ

What is the valuation of Cyberhaven after the Series D funding led by STEP?

Cyberhaven reached a $1 billion valuation after the Series D round, representing a 7x increase in one year.

How much did StepStone Group (STEP) and other investors contribute in the Series D round?

The Series D round totaled $100 million, led by StepStone Group (STEP), with participation from Schroders and Industry Ventures.

What is Cyberhaven's total funding to date after the STEP-led investment?

Cyberhaven's total funding reaches $250 million after the Series D round.

How will Cyberhaven use the Series D funding from STEP?

The funding will be used for platform expansion through M&A and organic innovation, plus increased market reach through go-to-market investments.

What is Cyberhaven's core technology that attracted STEP's investment?

Cyberhaven's core technology is its Large Lineage Model (LLiM), an AI-powered system for tracing data movement and transformation across organizations.
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