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Cyera acquires Trail Security for $162M; Cyera is now raising at a $3B valuation
Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what’s known as data security posture management —
Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what’s known as data security posture management — a full assessment and picture of where a customers’ data has been created, where it is stored, and how it is used — has been on a growth tear in the last year, picking up business as breaches have continued to emerge across a growing number of enterprises and other large organizations. The second reason is that Segev and Wittenberg have known each other for years, going back to school, and it felt like an easy choice to make for both sides when it came to a culture fit. Cyera’s focus going forward is going to be to continue enhancing its own technology — AI might be the startup’s own instrument of choice for gathering and protecting data, but it’s also the weapon of choice a lot of malicious hackers are using to figure out innovative ways to breach networks — but it’s also going to be making more acquisitions going forward, Segev told TechCrunch, to address growing demands from customers to to more.
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