Goldman Sachs Alternatives led a $400 million investment in Cyera, extending the data-security firm's Series G round to a $12 billion valuation. The funding addresses growing enterprise risks as AI agents proliferate, with Cyera's platform uniquely combining data and identity security. Customers include Paramount, Chipotle, and Valvoline.

The capital will accelerate Cyera's AI security product roadmap, expand US federal market presence, and drive international growth across EMEA and Asia Pacific. This follows recent product launches tracking agents' tool calls and database queries, plus the acquisition of Oasis Security for non-human identity management. The deal highlights intense competition among growth investors for AI-adjacent cybersecurity leaders.

For Goldman Sachs, the investment extends its growth equity franchise, which has deployed over $17 billion since 2003 within a $706 billion alternatives platform. The transaction underscores Cyera's position as a critical platform for enterprises securing autonomous AI systems against expanding threat surfaces.