Exabeam, a San Mateo, Calif.-based provider of security intelligence solutions, raised $30M in Series C funding.
The round was led by Lightspeed Venture Partners and Cisco Investments with participation from existing investors Norwest Venture Partners, Aspect Ventures, Icon Ventures, and Shlomo Kramer. In conjunction with the funding, Ravi Mhatre of Lightspeed will be joining the Exabeam Board of Directors.
The company intends to use the funds to continue to expand operations and the business in the multi-billion dollar Security Information and Event Management (SIEM) market.
Led by Nir Polak, Co-founder and CEO, Exabeam provides an analytics-led security intelligence platform for data collection, threat detection, and automated incident response serving global customers in the financial services, retail, energy, healthcare, and government industries.