Company Overview
About Cyera
Cyera is a New York City-based AI-powered data security platform — backed with $460+ million in total funding including a $300 million Series C in January 2024 at a $1.4 billion valuation (unicorn) from Accel, Sequoia Capital, and Redpoint Ventures — providing enterprise security teams with Data Security Posture Management (DSPM) and integrated Data Loss Prevention (DLP) for discovering, classifying, and protecting sensitive data across cloud environments, SaaS applications, and on-premises infrastructure. In October 2024, Cyera acquired Trail Security for $162 million — adding DLP capabilities to create the market's first Unified Data Security Platform combining data-at-rest protection (DSPM) with data-in-motion enforcement (DLP). The platform uses a proprietary GenAI LLM for autonomous data classification at 95%+ accuracy with an agentless architecture requiring no endpoint software installation. Founded in 2021 by Yotam Segev (CEO) and Tamar Bar-Ilan (CTO); the company self-described as the fastest-growing data security company in history.
Business Model & Competitive Advantage
Cyera's DSPM platform addresses the data visibility crisis that cloud adoption has created for enterprise security teams: organizations moving workloads to AWS, Azure, and GCP generate thousands of cloud storage objects, database instances, and SaaS data repositories that security teams cannot inventory, let alone classify for sensitivity — with GDPR, CCPA, HIPAA, and PCI DSS compliance requiring accurate data classification to demonstrate that personal and sensitive data is appropriately protected. Traditional DLP tools (pattern-matching rules scanning for credit card numbers and SSNs) miss the 80% of sensitive data that doesn't match regex patterns — unstructured documents, internal communications, and AI training datasets that contain sensitive information without standardized formatting. Cyera's LLM-based classification engine (reading document context to identify sensitive information beyond pattern matching, with agentless cloud integration that scans cloud storage directly through API without deploying agents on every host) provides the comprehensive data inventory that security teams need for DSPM compliance and AI data governance.
Competitive Landscape 2025–2026
In 2025, Cyera competes in the DSPM, data security, and cloud data protection market with Varonis Systems (NASDAQ: VRNS, data security and governance, $550M+ revenue), Wiz (NASDAQ-bound, cloud security DSPM capabilities, $1.9B ARR), and BigID (data intelligence and privacy, $245M raised) for enterprise CISO DSPM platform adoption and AI data governance investment. The Trail Security acquisition (creating Unified Data Security Platform with both DSPM and DLP) addresses the enterprise security team preference for converged platforms over point solution sprawl. The fastest-growing data security company claim (achieving unicorn status in 3 years, $300M Series C) validates the urgency of the DSPM buying cycle. The 2025 strategy focuses on growing the AI data security use case (protecting the sensitive data that enterprises use to train and fine-tune LLMs), expanding the SaaS application data discovery (where shadow data in Salesforce, Slack, and Google Workspace represents the fastest-growing unprotected data surface), and building the automated data remediation workflows that reduce CISO team manual classification effort.
The Cyera Story
Founders
Company Timeline
Major milestones in Cyera's journey
Leadership Team
Meet the leaders behind Cyera
Yotam Segev
Yotam Segev is the co-founder and CEO of Cyera, leading the company since its inception in 2021. A graduate of the IDF's Talpiot Leadership Academy and Unit 8200, he previously built and ran the cloud security division for Israel's elite intelligence unit. Segev holds a degree in Computer Science and Physics.
Tamar Bar-Ilan
Tamar Bar-Ilan is the co-founder and Chief Technology Officer of Cyera. A graduate of the Talpiot Leadership Academy and Unit 8200, he leads the company's technology vision and product development, bringing extensive experience in cloud security and data protection technologies.
Jason Clark
Jason Clark serves as Chief Strategy Officer, driving Cyera's strategic initiatives and market positioning in the enterprise data security space.
Lamont Orange
Lamont Orange serves as Chief Trust Officer, overseeing customer trust, security operations, and ensuring the highest standards of data protection for Cyera's enterprise customers.
Lael Hester
Lael Hester leads Cyera's revenue operations as Chief Revenue Officer, driving sales growth and customer acquisition across enterprise markets.
Phillip McKnight
Phillip McKnight serves as Chief Marketing Officer, leading brand strategy and market awareness for Cyera's data security platform.
Open Positions
Reddit Discussions
Key Differentiators
Market Leader
Cyera is recognized as a market leader in the Technology sector, demonstrating strong industry presence and customer trust.
Growth Stage
Cyera has achieved $460M in revenue, demonstrating strong product-market fit.
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