Israeli data security startup Cyera is approaching a $6 billion valuation following a new funding round led by venture capital firms Lightspeed, Greenoaks, and Georgian. The company is raising $500 million in this round, nearly doubling its valuation from $3.4 billion in 2024. Accel is also noted as a backer of Cyera. This valuation surge underscores growing investor interest in the cybersecurity sector, particularly in Israeli startups.