Exabeam, a San Mateo, CA-based security information and event management company, closed a $50m Series D funding.
The round was led by Lightspeed Venture Partners with participation from Aspect Ventures, Cisco Investments, Icon Ventures, Norwest Venture Partners and cybersecurity investor Shlomo Kramer.
The company intends to use the funds to grow its cloud portfolio, as well as sales and channels to expedite global expansion.
Led by CEO Nir Polak, Exabeam provides security intelligence and management solutions to allow organizations of any size to protect their information, which combine unlimited data collection, machine learning for advanced analytics and automated incident response.
Built on open source, big data technology, including Elasticsearch and Hadoop, it provides secure data collection, indexing and search without volume-based pricing. Advanced machine learning capabilities provide rapid insights into all events, including attacks and vulnerabilities.
The platform contains many other customizable features spanning incident response and threat hunting, giving companies the freedom to scale and select only the security management solutions that fit their business needs.