Romanian-originated data security company propelled by artificial intelligence achieves a billion-dollar evaluation
Cyberhaven's Data Security Platform Tackles Modern Challenges
Step into the world of Cyberhaven, a groundbreaking data security provider that's just attracted a staggering $100 million Series D funding, pushing its valuation to a mind-blowing $1 billion. Let's dive into this exhilarating journey!
Based in sunny California, Cyberhaven was founded by a dynamic duo of Romanians – Radu Banabic, Cristian Zamfir, and George Candea, alongside two skilled Ukrainians, Volodymyr Kuznetsov and Vitaly Chipounov.
"We're building the data security platform to tackle the most challenging issues facing modern security teams, with a fresh, revolutionary approach," explains Howard Ting, CEO of Cyberhaven.
Traditional security tools are struggling to keep up in the AI and cloud-driven world. As data evolves and seamlessly flows between applications, the risk of sensitive information being exposed or misused skyrockets. That's where Cyberhaven swoops in with its state-of-the-art solution.
To protect data in this complex ecosystem, Cyberhaven deploys an AI-powered engine called the Large Lineage Model (LLiM). This model allows for real-time data tracing, breaking down and understanding the movement of data across endpoints, cloud platforms, and AI systems in a way traditional tools can't match.
According to industry insiders, we're witnessing a seismic shift in data security akin to the revolution Endpoint Detection and Response (EDR) sparked a decade ago. Seyonne Kang, Partner at StepStone Group, puts it perfectly, "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."
With the new investment, Cyberhaven aims to expand its platform, increase its global reach, and continue its mission to safeguard the world's most sensitive data.
Interested in learning more about Cyberhaven's innovative tools and services? Drop a line to radu@our website. Hang on tight, as the future of data security is about to get a whole lot brighter!
(Photo source: company press release)
(Enrichment Data:)
- AI-Driven Data Lineage and Risk Detection:Built on a proprietary Large Lineage Model (LLiM), the platform traces data movement across endpoints, cloud platforms, and AI systems in real-time.
- Shadow AI Discovery and Risk Assessment: identify all AI tools in use, including embedded AI in SaaS platforms and personal email accounts. Evaluates the risk of 700+ AI tools across five dimensions, with over 70% scoring as high-risk.
- Granular Control for AI Data Flows:enforces risk-based policies on data moving to/from AI tools, including blocking or warnings for sensitive data transfers.
- Unified Data Detection and Response:combines cloud DLP, endpoint DLP, and incident response to monitor file events, browser activity, and user actions in real-time. Intervenes during prohibited actions like unauthorized downloads or cloud uploads.
- Proprietary AI Foundation for Precision:analyzes billions of workflows to understand data context and risk patterns, moving beyond content scanning to protect data dynamically across its lifecycle. This approach addresses the exponential risks of data transformation in AI/cloud ecosystems.
- Romanians, specifically Radu Banabic, Cristian Zamfir, and George Candea, along with two Ukrainians, are key figures in Cyberhaven, a billion-dollar company in the data security field.
- In this series D funding round, Cyberhaven aims to invest the billion dollars in expanding its platform, increasing its global reach, and continuing to safeguard sensitive data business transactions in the rapidly evolving technology landscape.
- With the new investment, Cyberhaven is poised to become a stepstone in the cybersecurity industry, similar to the revolution Endpoint Detection and Response (EDR) sparked a decade ago.
- Beyond traditional security tools, Cyberhaven's Data Detection and Response approach applies AI-based behavioral analysis to data, leveraging its state-of-the-art Large Lineage Model (LLiM) for real-time data tracing and understanding the movement of data across endpoints, cloud platforms, and AI systems.
- Cybersecurity, as an integral part of the finance and business sectors, is undergoing a transformation, with Cyberhaven leading the charge in protecting data and safeguarding the world's most valuable information assets.
