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Cyera, an enterprise data security startup, has acquired data loss prevention startup Trail Security for $162 million in cash and stock, according to TechCrunch. The acquisition aims to expand Cyera's AI-powered data security platform. Following the acquisition, Cyera is now raising over $200 million at a valuation of approximately $3 billion.
Cyera Acquires Trail Security for $162M, Redefining AI-Powered Data Security With Comprehensive Data Loss Prevention https://t.co/QRwZUNgLGT https://t.co/hRvzTv5AP9
Cyera acquires Trail Security for $162M to expand AI-powered data security platform https://t.co/uE0FSqTv6I
Enterprise data security startup Cyera buys data loss startup Trail Security for $162M in cash and stock; sources: Cyera is raising $200M+ at a ~$3B valuation (@ingridlunden / TechCrunch) https://t.co/66XqY9Kfem 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/InM2sLPQl3