Cyera Secures Trail Security for $162M

Cyera, a NYC-based data security firm, has acquired Tel Aviv's Trail Security for $162M, strengthening its AI-powered data security solutions.

The acquisition, involving Trail's renowned DLP capabilities, aims to enhance Cyera's core Data Security Posture Management (DSPM) platform for a unified data security approach.

The combined expertise of the leadership teams, both with ties to Israel’s elite Talpiot program, underscores the strategic depth of this alliance. Cyera will onboard 40 Trail employees, forming the foundation of its new DLP division, targeting growth surpassing 1,000 employees within two years.

With Trail's $35M backing from Lightspeed Ventures and CRV, Cyera is positioned to push the limits of real-time data risk protection in an AI-driven world, marking a pivotal advancement in data security standards.

CEO Zohar Vittenberg emphasizes the shared vision, enhancing both identification and protection of data risks, solidifying Cyera’s market leadership in data security innovation.