Data security firm Cyera announced it has raised $400 million in a late-stage funding round, tripling its valuation to $9 billion in just over a year. This significant valuation increase reflects the growing demand for AI-driven data protection tools amidst rising cybersecurity threats and data leaks. The funding, led by Blackstone, will support product development, global expansion, and partnerships for Cyera's software, which helps companies secure sensitive data across various systems.