💰The Funding Letter #1692: June 13

Cyera, Multiverse Computing, Meter, and more...

June 13, 2025

Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a nice weekend!

Hit the Gong 🎉

Source: @techicorn_startup

Daily Deals 💸

🌎 Americas

Cyera has developed a holistic data storage and security platform to prevent breaches and catch data risks in an organization, allowing organizations to manage and protect sensitive data and helping businesses to realize transformative data-driven outcomes. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $540M, Series E

Round Investors: Georgian (lead), Greenoaks (lead), Lightspeed Venture Partners (lead), Sapphire Ventures

🚀Growth Focus: Accelerate its growth across its product offerings on the data security platform, through acquisitions, hiring key talent, and building out capabilities across new and existing strategic markets globally.

HQ: New York, NY

Industry: Computer and Network Security

Employee Count: 734 (⚡63% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

Canary Technologies builds a guest management platform to modernize antiquated operational workflows and drive better hotel guest experiences, enabling hoteliers to drive more revenue, increase staff productivity, ensure compliance, and decrease fraud and chargebacks. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $80M, Series D

Round Investors: Brighton Park Capital (lead), Insight Partners, Y Combinator, F-Prime Capital

🚀 Growth Focus: Accelerate global expansion as a leader in hospitality AI.

HQ: San Francisco, CA

Industry: Hospitality

Employee Count: 204

🔥Open Sales Gigs: Currently Hiring

Meter operates enterprise network infrastructure to deliver scalable, secure, and high-performance connectivity, allowing businesses of all sizes to maintain reliable and optimized network performance. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $170M, Series C

Round Investors: General Catalyst (lead), WndrCo, Microsoft, Lachy Groom

🚀Growth Focus: Support for enterprise internet infrastructure solutions.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 121 (⚡16% increase in last 6 months)

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