Company Overview
Cyera is a pioneering data security company founded in 2021 that has rapidly become the fastest-growing data security company in history. The company specializes in AI-powered Data Security Posture Management (DSPM) solutions that help enterprises discover, classify, and protect their sensitive data across cloud environments, SaaS applications, and on-premises infrastructure.
Cyera's platform leverages advanced artificial intelligence and machine learning capabilities, including a proprietary GenAI large language model (LLM), to achieve fully autonomous data classification with over 95% accuracy. The agent-less software enables organizations to identify and classify sensitive data in real-time, providing comprehensive visibility into data assets and potential security risks across hybrid and multi-cloud environments.
In October 2024, Cyera made a strategic acquisition of Trail Security for $162 million, integrating advanced Data Loss Prevention (DLP) capabilities with its existing DSPM platform. This created the market's first Unified Data Security Platform, enabling protection of both data at rest and data in motion. The combined platform addresses the growing need for enterprises to secure their data as they accelerate AI adoption while maintaining compliance and data governance.
The company has experienced extraordinary growth, achieving in just three years what typically takes companies a decade or more to accomplish. Cyera's customer base includes numerous Fortune 500 companies across industries including financial services, healthcare, technology, and retail. The platform's ability to provide real-time enforcement controls while enabling secure AI innovation has made it a critical security infrastructure component for enterprises undergoing digital transformation.
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Cyera is recognized as a market leader in the Technology sector, demonstrating strong industry presence and customer trust.
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