Cyera, a global leader in data security, announced it set a world record as the fastest-growing company in the industry’s history—with nearly $800 million raised.
In 2 years, Cyera has scaled at a pace that puts it among the top five fastest-growing tech companies of all time, proving that the demand for AI-powered data security has never been greater, the company said.
In 2 years, Cyera has accomplished:
- Grown revenue 26x, outpacing even the most successful security firms.
- Increased its valuation by 6x in 2024 alone, currently at a $3 billion valuation.
- Expanded its customer base by 21x, with nearly 10% of Fortune 500 companies becoming customers in the past year alone.
Top organizations across retail, finance, consulting, healthcare, insurance, manufacturing, and consumer products now rely on Cyera’s AI-powered platform to protect their most sensitive data.
This surge was further fueled by Cyera’s strategic $162 million acquisition of Trail, introducing Adaptive Data Loss Prevention (DLP), and cementing the company’s position as “the industry's first” unified data security platform, according to the vendor.
“We’re not just growing fast—we’re leading a movement,” said Yotam Segev, CEO and co-founder of Cyera. “In the last year alone, we quadrupled our team, opened six new global offices, and launched the world’s first dedicated data security conference, DataSec. Our mission is no longer just a vision—it’s happening, at scale, every single day. With AI at the core, Cyera delivers in days what others take years to accomplish. We are defining the future of data security, and we’re only getting started.”
As per the company, “The data security market is at an inflection point, and Cyera, with AI-driven innovation, a world-class team, and the backing of Sequoia, Accel, Coatue, and other leading investors, is leading the charge and setting the standard for the future.”
For more information about this news, visit www.cyera.io.