Cyabra Announces Preliminary 2024 Results with Record High
From GlobeNewswire: 2025-01-15 08:00:00
In December 2024, Cyabra Ltd. reported a record ARR of $6.1 million, a 75% increase from 2023 and over 930% from 2022. The demand for their AI-driven solutions to combat online disinformation is growing rapidly, with the World Economic Forum and Gartner highlighting the importance of addressing digital threats.
Cyabra’s strong financial performance is attributed to strategic initiatives that scale operations and enhance products to combat evolving digital disinformation. Their focus in 2025 is on expanding globally and advancing AI innovation to continue protecting brands and public sector organizations from online threats.
Cyabra is a real-time AI-powered platform that detects online disinformation and misinformation, safeguarding against brand reputation risks, election manipulation, and foreign interference. Leveraging proprietary algorithms and NLP solutions, Cyabra provides actionable insights to inform decision-making and protect against digital threats.
Cyabra has entered into a business combination agreement with Trailblazer Merger Corporation I (NASDAQ: TBMC), a blank-check special-purpose acquisition company. This alignment aims to enhance capabilities in combating digital disinformation and misinformation, addressing the growing need for online protection and integrity.
Investors and stockholders are advised to carefully review the Registration Statement, proxy statement/prospectus, and other relevant documents filed with the SEC regarding the Business Combination. These documents contain crucial information about the transaction and the parties involved, ensuring transparency and informed decision-making.
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