Cyberhaven raises $88M in Series C funding led by Adams Street Partners and Khosla Ventures to expand product offerings and increase market reach.

Jun 11, 2024•about 1 year ago

Amount Raised

$88 Million

Round Type

series c

Palo AltoInformation TechnologySoftware

Investors

Ash DevataGerhard EschelbeckAmol KulkarniWing Venture CapitalCrane Venture PartnersVertex VenturesCostanoa VenturesRedpoint VenturesKhosla VenturesAdams Street Partners

Description

Cyberhaven, a San Jose, CA-based company specializing in data detection and response, raised $88M in Series C funding. The round was led by Adams Street Partners and Khosla Ventures, with participation from other investors. The company intends to use the funds to expand its product offerings, increase its market reach, and continue its mission to protect sensitive data.

Company Information

Company

Cyberhaven

Location

Palo Alto, California, United States

About

Cyberhaven is the AI-powered data security company revolutionizing how companies detect and stop the most critical insider threats to their most important data. Until now, data security products were limited to scanning data content and looking for specific user actions. Our AI technology analyzes billions of workflows to understand every piece of data within an organization, when it's at risk, and takes action to protect it. It's like nothing that's come before and protects data like nothing else.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends