Romanian-founded AI-driven data security firm achieves a billion-dollar valuation
Cyberhaven Cracks Down on Data Insecurity in the AI and Cloud Age
Hop on board as we delve into Cyberhaven, an AI-driven data security powerhouse disrupting the game. This game-changer was set in motion by a formidable team of five — three hearty Romanians, Radu Banabic, Cristian Zamfir, and George Candea, alongside two Ukrainian citizens, Volodymyr Kuznetsov and Vitaly Chipounov. Based in sunny California, they've just received a whopping USD 100 million Series D funding, led by StepStone Group, Schroders, and Industry Ventures. This investment skyrockets Cyberhaven's valuation to a staggering USD 1 billion [1].
Want to learn more about why this company's attracting attention like a magnet? Here's what makes Cyberhaven stand out from the crowd.
Six Sharp Arrows in Cyberhaven's Quiver
1. Shadow AI Discovery
Cyberhaven's Shadow AI Discovery shines the spotlight on all AI tools used within an organization, whether they're dedicated AI software, AI embedded in SaaS applications, or sneaky AI accessed via emails.
2. AI Usage Insights
Keeping tabs on AI activity? Cyberhaven's got you covered with a central dashboard, providing visibility into AI usage across tools, users, and data. This feature helps security teams spot patterns of concern and aids IT teams in recognizing true AI champions.
3. AI Risk IQ
With AI Risk IQ, you'll get a detailed risk profile for over 700 top AI tools. These ratings are scored across five dimensions, including data sensitivity, model security risks, and compliance considerations.
4. AI Data Flow Control
Say goodbye to sensitive data leaks. Cyberhaven enforces risk-based policies on data moving to and from AI tools. When it detects sensitive data movement, it springs into action, taking measures such as blocking or raising an alarm.
5. AI-Powered Data Analysis
Cyberhaven's AI technology sniffs out billions of workflows to monitor every piece of data in an organization. It determines when your data is at risk and swiftly takes action to keep it safe.
6. Comprehensive Visibility and Protection
Cyberhaven's platform offers continuous visibility into AI usage and enforces risk-based controls. This double-edged sword ensures organizations can enjoy the benefits of AI while maintaining a secure data environment.
Embracing the AI Security Revolution
In an age where data is no longer limited to files but is fragmented and constantly on the move, traditional security tools fall short when it comes to effectively tracking and protecting data. Cyberhaven elevates data security to a new level by applying AI-based behavioral analysis to suit this dynamic environment.
Seyonne Kang, Partner at StepStone Group, likens this change to the revolution EDR brought to endpoint security a decade ago. "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," she says [1].
With this USD 100 million investment, Cyberhaven plans to expand its platform, increase its visibility in the market, and continue its mission of safeguarding the world's most sensitive data.
Wanna join the party? Dive into Cyberhaven's life-saving solutions!
[1] Radu@ourwebsite
In the realm of technology, Cyberhaven's innovative approach to finance is not limited to securing funds, but also extends to ensuring the safety of sensitive business data, particularly in the AI and cloud era.
With the recent Series D funding of USD 100 million, Cyberhaven aims to strengthen its presence in the market, utilizing the funds to advance its AI-powered data security platform and continue its mission of safeguarding business assets in the digital age.
