Cyberhaven achieves USD 1 billion valuation with fresh funding

Cyberhaven, an AI-driven data security company co-founded by three Romanians and two Ukrainians, has reached a valuation of USD 1 billion following a successful USD 100 million Series D funding round.

The investment, led by StepStone Group with participation from Schroders and Industry Ventures, aims to accelerate the company’s growth and enhance its innovative data protection solutions.

California-based Cyberhaven specialises in data tracing and risk detection through its proprietary Large Lineage Model (LLiM), which leverages AI to track how data originates, moves, and transforms.

However, this approach addresses the increasing complexity of data flows in modern digital environments where information is fragmented and scattered across endpoints, cloud platforms, and AI systems.

Cyberhaven’s latest funding brings its total investment to USD 250 million, reflecting a sevenfold increase in valuation over the past year.

The company’s Data Detection and Response strategy is seen as a transformative approach to data security, mirroring the revolution in endpoint protection achieved by Endpoint Detection and Response technologies a decade ago.

New capital will support Cyberhaven’s platform expansion through acquisitions and organic innovation, while also broadening its market presence through strategic investments.

Cyberhaven’s mission remains focused on safeguarding sensitive data against evolving security challenges posed by AI and cloud technologies.

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