Cyberhaven

Cyberhaven

AI-driven cybersecurity for insider threat protection

About Cyberhaven

Simplify's Rating
Why Cyberhaven is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Cybersecurity

AI & Machine Learning

Company Size

11-50

Company Stage

Series C

Total Funding

$138.5M

Headquarters

Boston, Massachusetts

Founded

2015

Overview

Cyberhaven offers cybersecurity solutions that protect businesses from insider threats using artificial intelligence. Its technology tracks data flow within organizations to prevent unauthorized data transfers and aids in internal investigations by providing a complete record of events. The system can also detect risky behavior in real-time, stopping users from mishandling sensitive data and offering coaching to prevent future incidents. By utilizing its proprietary data lineage technology, Cyberhaven combines various data security functions into one platform, aiming to help clients safeguard their sensitive information effectively.

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Simplify's Take

What believers are saying

  • Increased demand for AI-driven data security solutions boosts Cyberhaven's market potential.
  • Chris Bates' appointment as CSO enhances Cyberhaven's security strategy and market position.
  • $88M Series C funding provides capital for platform expansion and growth acceleration.

What critics are saying

  • Shadow AI applications pose risks of data breaches and compliance violations for clients.
  • Strategic shifts by new CSO Chris Bates may disrupt existing operations or client relationships.
  • Rapid scaling from Series C funding may lead to operational inefficiencies or quality issues.

What makes Cyberhaven unique

  • Cyberhaven uses AI to protect businesses from insider threats to their data.
  • The company offers a unique data lineage technology for accurate data classification.
  • Cyberhaven combines data loss prevention, insider risk management, and cloud data security.

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Funding

Total Funding

$138.5M

Above

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$88M
Cyberhaven
$100M
Oura

Benefits

Health Insurance

Flexible Work Hours

Remote Work Options

Stock Options

401(k) Retirement Plan

Paid Vacation

Career Advancement Opportunities

Team Building Events

Professional Development Budget

Paid Sick Leave

Company News

VentureBeat
Mar 25th, 2025
Security Teams Can Respond 80% Faster To Events With Cyberhaven’S Ai-Powered Data Lineage Tools

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Enterprise workers are eager to take advantage of AI tools — whether their employer likes it or not. This unapproved use, what’s known as shadow AI, is increasing dramatically: As much as 96% of the work employees do with AI is through non-corporate accounts. Whether done inadvertently or maliciously, this can leak an enterprise’s highly sensitive and proprietary data. Security platform Cyberhaven says it can solve this problem by tracking data lineage, or data lifecycles across different users and endpoints. The company has specific large lineage models (LLiMs) for this task, and today is announcing Linea AI, the next generation of it platform intended to help stop shadow AI and predict what flagged incidents may be most dangerous. “It manifests itself in this form of lineage: You understand where data is coming from, who has had access to it, across all the different endpoints, across all your users,” Nishant Doshi, Cyberhaven’s chief product and development officer, told VentureBeat in an exclusive interview. 90% reduction in incidents requiring manual reviewAccording to Cyberhaven’s analysis of the workflows of 3 million workers, AI usage grew 485% between March 2023 and March 2024, and employees are increasingly sharing sensitive data: Nearly 83% of legal documents and around 50% of source code, research and development materials and HR and employee records that employees share with AI are going to non-corporate AI accounts. To help prevent this unsanctioned use and protect sensitive company data, Linea AI uses an LLiM trained on billions of real enterprise data flows

VentureBeat
Feb 17th, 2025
Shadow Ai: How Unapproved Ai Apps Are Compromising Security, And What You Can Do About It

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn MoreSecurity leaders and CISOs are discovering that a growing swarm of shadow AI apps has been compromising their networks, in some cases for over a year.They’re not the tradecraft of typical attackers. They are the work of otherwise trustworthy employees creating AI apps without IT and security department oversight or approval, apps designed to do everything from automating reports that were manually created in the past to using generative AI (genAI) to streamline marketing automation, visualization and advanced data analysis. Powered by the company’s proprietary data, shadow AI apps are training public domain models with private data.What’s shadow AI, and why is it growing?The wide assortment of AI apps and tools created in this way rarely, if ever, have guardrails in place. Shadow AI introduces significant risks, including accidental data breaches, compliance violations and reputational damage.It’s the digital steroid that allows those using it to get more detailed work done in less time, often beating deadlines. Entire departments have shadow AI apps they use to squeeze more productivity into fewer hours

PR Newswire
Jan 23rd, 2025
Cyberhaven Names Enterprise Security Veteran Chris Bates As Chief Security Officer

Former SentinelOne security leader to oversee company's security strategyPALO ALTO, Calif., Jan. 23, 2025 /PRNewswire/ -- Cyberhaven , the AI-powered data security company, today announced the appointment of Chris Bates as its Chief Security Officer (CSO). Bates brings over two decades of experience developing and implementing security and business strategies for companies ranging from Series B startups to Fortune 100 corporations."At Cyberhaven, we're transforming how organizations protect their most critical data in a world increasingly driven by AI," said Howard Ting, CEO of Cyberhaven. "Chris Bates has a proven track record of building and scaling security strategies for hypergrowth companies, coupled with an unparalleled ability to align technical innovation with business priorities. His leadership will be instrumental as we continue redefining data security for the modern era."Bates joins Cyberhaven from SentinelOne, where he served as part of the executive leadership team, helping grow the company from a Series B startup to the largest cybersecurity IPO in history, raising $1.2 billion. At SentinelOne, Bates built and scaled security, IT, business application, and data teams, integrated acquisitions, and helped redefine the XDR product category by introducing real-time observability and automation that set a new standard for security operations.Earlier in his career, Bates held a senior role at Nike where he developed the first business operations processes for the CISO office

SiliconANGLE
Jun 12th, 2024
Cyberhaven reels in $88M for its data security platform

Cyberhaven reels in $88M for its data security platform - SiliconANGLE

Finsmes
Jun 11th, 2024
Cyberhaven Raises $88M in Series C Funding

Cyberhaven, a San Jose, CA-based company which specializes in data detection and response (DDR), raised $88M in Series C funding

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