Cyera eyes $12B valuation at 80x ARR multiple despite operating losses

# Cyera Raises Big Money Despite Not Being Profitable Yet Cyera, a cybersecurity company, is about to close a $300 million funding round that values the company at $12 billion—even though it's still losing money. Investors are betting heavily on the company's growth potential, paying roughly 80 times its annual revenue. This kind of high-risk investment typically happens when investors believe the company will eventually become very profitable.