Breaking World Records: The Fastest Growing Data Security Company in History
A few years ago, Data Security Posture Management (DSPM) wasn’t even a category.
Today, it’s a necessity, and Cyera is leading the charge. With nearly $800 million raised and a $3 billion valuation, we’ve “officially” become the fastest-growing data security company in history.
But this isn’t just about a world record. It’s about validating a vision—that AI-powered data security isn’t just the future, it’s the present. At Cyera, we’re building a company designed to define this space for the 21st century—and beyond.
Scaling to a Paradigm Shift
Three years ago, Cyera was an idea, a belief that companies needed a better way to protect their most valuable asset—data. Fast forward to today, we’ve built a world-class team, a platform securing some of the largest enterprises, and a movement that’s changing the way security teams think about data protection.
Our team went from 50 to 500, and they’re delivering. In just two years:
- 26x revenue growth
- 21x customer growth, with nearly 10% of the Fortune 500 choosing Cyera just this year alone!
- Acquired Trail Security (acquired by Cyera), creating the industry's first unified data security company
And: 6x valuation growth in 2024 alone.
Numbers like these don’t happen by accident. They happen because the market is demanding a new security paradigm—one where AI enables companies to discover, secure, and unlock the power of their data in real time.
The Pain That Created a Category
Cybersecurity is full of problems. CISOs deal with hundreds of risks every day, but they only solve for the most painful ones. That’s why, from day one, we focused on deep pain validation.
“The pain has to be as excruciating as possible. If it’s not keeping security leaders up at night, it’s not enough. The difference between a good idea and a great company is identifying the pain point that customers will actually take action on.”
For us, that pain was data security. Not theoretical risks, but real, urgent, high-stakes risks that security teams were desperate to solve.
Why We’re Just Getting Started
The next phase for Cyera is clear. AI is changing everything, and our platform is at the center of this transformation. AI runs on two things:
- GPUs (making NVIDIA a trillion-dollar company)
- Data (which requires security, control, and governance at an unprecedented scale)
“We’re not just building a DSPM solution. We’re building the full AI-native data security platform—from discovery and classification to DLP and beyond. Enterprises want this. They need this. And they’re willing to pay for it.”
We’re already seeing Fortune 500 companies moving toward eight-figure data security deals—and beyond. The demand is there. Now, it’s on us to execute.
From $3B and Beyond
I’m often asked, “Did you expect Cyera to get this big?”
The honest answer? No. Not in the beginning.
We took on a huge amount of market risk when we started. DSPM wasn’t a known category. But we did the hard work to validate the problem, and today, every major cybersecurity player—Microsoft, Palo Alto, CrowdStrike —is moving into this space.
That’s because data security is bigger than DSPM. It’s the foundation of AI-driven business, and Cyera is defining the standard for this new era.
The value that Cyera brings - and will continue to scale- to our customers is enormous. The opportunity is there. The market is demanding it. And we have the team, the technology, and the momentum to make it happen.
We’re just getting started.
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