October 18, 2024 at 03:41AM
Cyera, a data security firm, has acquired the stealth startup Trail Security for $162 million. This acquisition aims to enhance Cyera’s data loss prevention (DLP) capabilities.
**Meeting Takeaways:**
1. **Acquisition Announcement**: Cyera has acquired Trail Security, a stealth mode startup.
2. **Technology Focus**: The acquisition is aimed at enhancing Cyera’s data loss prevention (DLP) capabilities.
3. **Financials**: The acquisition was valued at $162 million.
4. **Publication Source**: The news was reported by SecurityWeek.
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