Cylake Closes $245 Million Funding Round Ahead of Beta
The convertible note financing brings Cylake’s total raised to $290 million as it builds an AI-native platform for regulated organizations.
- On Tuesday, Sept. 08, 2026, Sunnyvale, Calif.-based Cylake announced it raised $245 million through a convertible note, bringing total funding to $290 million with backing from Lightspeed Venture Partners, Picture Capital, and Redpoint Ventures.
- Founded by Nir Zuk, Wilson Xu, and Ehud Shamir, the firm provides operational sovereignty for highly regulated institutions, allowing organizations to maintain control of data and infrastructure in private cloud environments.
- Following a $45 million seed round led by Greylock Partners in March 2026, the company has grown to more than 40 employees, prompting Ravi Mhatre, Partner and Co-founder at Lightspeed Venture Partners, to say, "Cylake identified that gap early and is building the answer."
- Cylake is currently working with industry-leading design partners on its AI-native platform, with a beta product expected by the end of 2026 and full general availability planned for 2027.
- Board Observer Rakesh Loonkar of Picture Capital said, "Cylake is already partnering with some of the top organizations across industries on product development, and I'm confident demand will only accelerate as the team moves toward general availability.
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The Toronto Star
Cylake Closes $245 Million Funding Round Ahead of Beta Release for Next-Generation Cybersecurity Product
SUNNYVALE, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Cylake, the complete cybersecurity platform for operational sovereignty, announced today it has raised $245 million through a convertible note, with participation from Lightspeed Venture Partners, Picture Capital, and Redpoint Ventures. This latest…
Cylake secured $245,000,000 through a convertible note to accelerate the development of an AI native cybersecurity platform, targeting organizations that need to maintain control over their data, infrastructure, and operations.
Cylake Closes $245 Million Funding Round Ahead of Beta Release for Next-Generation Cybersecurity Product - Swaziland Online News
Funding will support continued team growth and accelerate development of Cylake’s complete, AI-native, data-driven cybersecurity platform for the world’s largest and most regulated institutions SUNNYVALE, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) — Cylake, the complete cybersecurity platform for operational sovereignty, announced today it has raised $245 million through a convertible note, with participation from Lightspeed Venture […]
The funding will support the team’s continued growth and accelerate the development of Cylake’s comprehensive AI-based, data-driven cybersecurity platform, designed specifically for the world’s largest and most regulated institutions SUNNYVALE, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) — Cylake, a comprehensive cybersecurity platform for operational sovereignty, today announced that it has […] The post Cylake Completes US$245 Million Funding Round…
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