Press release
Cyberhaven Raises $100 Million Series D at $1 Billion Valuation
Data Detection and Response Leader Delivers the Most Powerful Data Security Platform Built with Data Lineage and AI
PALO ALTO, CA — April 2, 2025 — Cyberhaven, the leader in AI-powered data security, today announced $100 million in Series D funding led by StepStone Group (Nasdaq: STEP) along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth and cement its position as the leader in AI-powered data protection. The company's innovative data tracing and risk detection capabilities, powered by its proprietary data lineage and foundational AI technologies, enable organizations to accurately detect and stop critical risks to their most important data. This latest investment brings Cyberhaven's total funding to $250 million and propels the company to a $1 billion valuation, a sevenfold increase in just one year.
"We are building the data security platform to tackle the most difficult challenges facing enterprise security teams with a fundamentally new approach," said Howard Ting, CEO of Cyberhaven. "In today's AI-driven world, data protection must evolve beyond traditional approaches and boundaries. We're giving organizations complete visibility and real-time control over their data, regardless of how it transforms or where it flows."
The explosion of AI and cloud technologies has fundamentally changed how data is captured, processed and utilized within organizations. Data is no longer confined to files; instead, it's highly fragmented and constantly moving—spreading across endpoints, cloud platforms, and AI systems in ways that traditional security tools cannot effectively track or protect. As data transforms and flows between applications, the risk of sensitive information being exposed or misused increases exponentially.
Cyberhaven's revolutionary approach centers on data lineage—the ability to trace how data originates, moves, and transforms throughout an organization at a scale and precision unmatched by any other solution in the market. The company's cutting-edge platform is built on a proprietary AI model operating on this graph of data movement—a Large Lineage Model (LLiM). This AI-powered foundation provides unparalleled real-time observability of data flows and unprecedented precision for detecting and stopping threats to data as they are happening.
"We're witnessing a paradigm shift in data security similar to Endpoint Detection and Response a decade ago," said Seyonne Kang, Partner at StepStone Group. "Just as EDR revolutionized endpoint security by focusing on behavior rather than signatures, Cyberhaven's Data Detection and Response approach is redefining data security by applying AI-based behavioral analysis to data. We’re excited to partner with this incredible team as they build the future of data protection in a world where data is constantly in motion."
With this new funding, Cyberhaven plans to expand its platform through both M&A and organic innovation, increase its market reach through aggressive go-to-market investments, and continue its mission to protect the world's most sensitive data.
About
Cyberhaven
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.
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