Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

Cyera Acquires Trail Security for $162M

October 18, 2024
Reading Time: 2 mins read
in News
Cyera Acquires Trail Security for $162M

Cyera, a leading data security company, has announced its acquisition of Trail Security, a stealth-mode startup based in Israel, for $162 million in a combination of cash and stock. Trail Security, founded in 2023, focused on developing cutting-edge data loss prevention (DLP) technology that integrates artificial intelligence to identify and mitigate data risks. The acquisition marks a strategic move by Cyera to enhance its Data Security Posture Management (DSPM) platform, transforming it into a unified data security solution.

Trail Security, despite its short time in operation, attracted attention for its innovative approach to DLP, securing $35 million in funding from Lightspeed Ventures, CRV, and Cyberstarts. The startup’s AI-enhanced technology provides real-time protection against data breaches and loss, which Cyera plans to seamlessly incorporate into its existing offerings. By acquiring Trail’s technology, Cyera aims to strengthen its position in the data security market, setting a new benchmark for DLP solutions in an increasingly AI-driven landscape.

In addition to acquiring Trail’s technology, Cyera will onboard 40 of Trail’s employees to serve as the core of its new DLP division. This integration is expected to bolster Cyera’s workforce as it continues its rapid growth. Cyera’s valuation has already exceeded $1.4 billion, and the company anticipates expanding further, with plans to increase its staff to over 1,000 employees within the next two years. The acquisition underscores Cyera’s commitment to staying at the forefront of data security innovation.

Zohar Vittenberg, CEO and co-founder of Trail Security, expressed excitement about the acquisition, stating that joining forces with Cyera represents a significant milestone for both companies. “We’ve always aimed to push the limits of data loss prevention with AI, and in Cyera, we’ve found a partner that shares our vision,” said Vittenberg. Together, the companies are poised to deliver a comprehensive solution that not only identifies but also protects against data risks in real-time, setting a new standard for data security in the modern digital age.

Reference:

  • Cyera Acquires AI-Enhanced Data Loss Prevention Startup Trail Security for $162M
Tags: acquisitionsCyber NewsCyber News 2024Cyber threatsCyeraData SecurityIsraelOctober 2024Trail Security
ADVERTISEMENT

Related Posts

UK Government Shifts to Passkey Security

Google Deploys AI to Combat Scams on Chrome

May 9, 2025
UK Government Shifts to Passkey Security

The Nmap Project released Nmap 7.96

May 9, 2025
UK Government Shifts to Passkey Security

UK Government Shifts to Passkey Security

May 9, 2025
Kirsten Davies Nominated as Pentagon CIO

Kirsten Davies Nominated as Pentagon CIO

May 8, 2025
China’s Cyber Power Raises UK Concerns

China’s Cyber Power Raises UK Concerns

May 8, 2025
Europol Takes Down Global DDoS Services

Europol Takes Down Global DDoS Services

May 8, 2025

Latest Alerts

X Scam Targets Crypto Users with Fake Ads

FBI Warns Cybercriminals Exploit Routers

FreeDrain Phishing Steals Crypto Funds

CoGUI Targets Consumer and Finance Brands

COLDRIVER Hackers Target Sensitive Data

Cisco Fixes Flaw in IOS Wireless Controller

Subscribe to our newsletter

    Latest Incidents

    LockBit Ransomware Data Leaked After Hack

    Spanish Consumer Group Faces Cyberattack

    Education Giant Pearson Hit by Data Breach

    Masimo Cyberattack Disrupts Manufacturing

    Cyberattack Targets Tepotzotlán Facebook

    West Lothian Schools Hit by Ransomware

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial