Silicon Valley-based data security startup Cyberhaven has raised $100 million in a Series D round, reaching a $1 billion valuation. This brings the total funding to $250 million, with investors including StepStone, Schroders, and Industry Ventures. The company focuses on AI-powered data detection and response, designed to protect sensitive data and prevent exfiltration. Cyberhaven’s platform also helps organizations monitor data flows, train users in real time, and accelerate investigations.
The startup’s AI-powered product aims to address insider threats and ensure comprehensive data protection. Cyberhaven’s portfolio includes an autonomous AI agent specifically developed to combat insider risks. The company’s approach emphasizes “data lineage,” tracking the journey of data across an organization to provide real-time insights into its flow. This technique enables businesses to better understand data origins, transformations, and destinations.
Cyberhaven’s technology has drawn comparisons to the rise of Endpoint Detection and Response (EDR) software, which replaced traditional antivirus solutions.
According to StepStone partner Seyonne Kang, the company’s Data Detection and Response (DDR) approach is poised to revolutionize data security in the same way. By focusing on behavior rather than signatures, Cyberhaven’s AI-powered solution aims to identify threats based on patterns, providing stronger data protection.
Cyberhaven plans to use the new investment to enhance its product, expand its market reach, and pursue strategic acquisitions. The company is positioning itself as a leader in the AI-driven data security space, building solutions that help organizations safeguard their most valuable information. As data protection becomes increasingly critical, Cyberhaven’s technology may be crucial in combating evolving cyber threats.
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