Cyera announced the acquisition of Trail Security – which is a next-generation data loss prevention (DLP) company – for $162 million. This deal marks a key milestone for Cyera, the three-year-old cybersecurity company valued at over $1.4 billion as it continues to expand its AI-driven platform.
This acquisition integrates Trail’s advanced DLP capabilities with Cyera’s Data Security Posture Management (DSPM) platform, Cyera’s core product, offering the market’s first Unified Data Security Platform. And this move enables Cyera to disrupt the $2 billion DLP market, which is expected to grow to $21 billion by 2034.
This acquisition of Trail significantly elevates Cyera’s AI-powered platform, a recognized leader in DSPM. And Cyera has rapidly expanded to address broader security challenges, including releasing an identity module, a data breach readiness service, and now full-spectrum DLP capabilities. By integrating Trail’s AI-enhanced DLP technology, Cyera establishes a new standard for data security, which is one that focuses on protecting the data itself, not just the surrounding infrastructure.
The Cyera-Trail partnership is built on a strong foundation of mutual respect and shared history, with both leadership teams having been part of Israel’s prestigious Talpiot program, a renowned military technology unit that boasts just 1,000 elite alumni over 40 years. And this deep connection ensures a smooth integration of teams, values, and goals.
Cyera will be onboarding 40 Trail employees with deep technical expertise. The new team will serve as the foundation for Cyera’s DLP division. Cyera is on pace to grow to over 1,000 employees in the next two years.
KEY QUOTES:
“The acquisition of Trail is a pivotal step in Cyera’s journey to reshape the future of data security. Cyera is determined to consolidate the siloed data security space and enable enterprises to navigate the growing data security challenges around AI and cloud. The addition of Trail is a huge leap forward in making this a reality for our customers, disrupting the entire data security space. Natively coupling DSPM with DLP gives every customer the crucial opportunity to build successful data security.”
-Yotam Segev, CEO and Co-Founder of Cyera
“Trail is one of the best technical teams I’ve invested in. I’m happy to see them join forces with Cyera, a company that’s revolutionizing data security with AI-driven insights. I’m confident the combined company will become a generational cyber security platform for data security.”
-Guru Chahal at Lightspeed Ventures
“Joining Cyera marks an exciting new chapter for Trail. We’ve always aimed to push the limits of data loss prevention with AI. In Cyera, we’ve found a partner that shares our vision. Together, by combining our DLP with their leading DSPM platform, we’re delivering a solution that both identifies and protects against data risks in real-time, setting a new standard for data security in an AI-driven world.”
-Zohar Vittenberg, CEO & Co-Founder of Trail
