Goldman Sachs backs Cyera with USD $400 million AI bet

Goldman Sachs Alternatives has invested USD $400 million in Cyera, extending the AI security company's Series G round.

The deal comes three months after Cyera raised USD $600 million at a USD $12 billion valuation, bringing its Series G total to USD $1 billion in about three months. Since June 2025, the company has raised USD $1.94 billion.

The new funding will support product development in AI security, expansion in the federal market, and further international growth across EMEA and APAC. Goldman Sachs Alternatives made the investment through its growth equity business.

Cyera is focused on a challenge businesses face as they deploy AI agents across large organisations. Those systems are designed to access data, use software tools, and take actions with limited human intervention, raising new questions about how companies govern access to sensitive information.

Cyera argues that existing security models were built for people and conventional applications, not autonomous software agents. Its approach combines data security and identity controls in a single platform designed to govern access for humans, machines, and AI agents.

Product push

Among the products it highlighted are Agent Guardian and Cyera Endpoint, which allow organisations to track prompts, responses, tool calls, database queries, and actions taken by AI agents. The company also pointed to its acquisition of Oasis Security as part of its effort to add non-human identity management to the platform.

That combination is intended to link information about where sensitive data sits with controls over which users, systems, or agents can access it. The emphasis reflects a broader shift in enterprise security as companies try to manage software agents that can move across cloud systems and endpoint devices.

"Global 2000 enterprises are telling us the same thing: they need to trust what AI agents can see and do before they can scale them," said Yotam Segev, Co-founder and Chief Executive Officer of Cyera.

"AI infrastructure is moving faster than the security architecture around it. This investment accelerates our work to bring data and identity together, so enterprises can give agents access with confidence and keep that access aligned with business intent," Segev said.

Investor view

For Goldman Sachs Alternatives, the investment is a bet on demand for security tools tailored to AI deployment in large businesses. Across the sector, investors have been directing capital toward companies offering governance, monitoring, and access controls as enterprises move from experimental AI use to broader operational adoption.

Cyera says AI agents are becoming part of the enterprise workforce, taking on tasks that involve reasoning, calling tools, and interacting with sensitive systems. That trend has increased interest in products that can monitor not only an AI system's output, but also the underlying actions it takes across databases, applications, and devices.

"Securing AI will be one of the defining categories in enterprise technology over the next decade," said Irit Kahan, Managing Director within Growth Equity at Goldman Sachs Alternatives.

"Cyera was the first to bring data and identity together, and as agents multiply faster than anyone can track, the gap between what they're trusted to do and what they can actually reach is becoming increasingly dangerous. Cyera's technology, customer traction, and execution position it to become the platform enterprises rely on to secure AI," Kahan said.

Goldman Sachs Alternatives says it has more than USD $706 billion in assets, while Goldman Sachs has about USD $4.0 trillion in assets under supervision globally. Its growth equity unit has invested more than USD $17 billion in growth-stage and technology-led companies since 2003.