Cyera Acquires Trail Security
October 17, 2024
AI-powered data security provider Cyera has acquired Trail Security, a next-generation data loss prevention (DLP) company, for $162 million. The deal integrates Trail's DLP capabilities into Cyera's Data Security Posture Management (DSPM) platform to create a unified data security offering and bring roughly 40 Trail engineers onto Cyera's team.
- Buyers
- Cyera
- Targets
- Trail Security
- Industry
- Cybersecurity
- Location
- Tel Aviv District, Israel
- Transaction Type
- Buyout
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