Cybereason Closes $25M in Series B Funding

Cybereason_LogoCybereason, a Cambridge, MA-based provider of an endpoint detection and response platform revealing cyber-attacks in real time and automating incident investigation, closed a $25m Series B funding.

The round was led by Spark Capital with participation from existing investor CRV and strategic investor Lockheed Martin.

Lockheed Martin, which is already a current Cybereason customer, will also integrate the Cybereason Detection and Response Platform into its cyber security offerings. Additionally, Santo Politi, Founder and General Partner at Spark Capital has joined Cybereason’s board.

The company intends to use thye funds to expand its Research and Development and Sales and Marketing teams.

Led by Lior Div, CEO, Cybereason provides a platform that continuously hunts for known and unknown malicious activities within an environment to reduce time to detect and confirm a breach. It connects isolated pieces of malicious activity, visually presenting the complete ‘attack story’ as it unfolds in real-time. The company’s Malop Hunting Engine analyzes up to eight million events per second to reveal the key elements of an attack, including its timeline, root cause, adversarial activity, malware involved, communication inside and outside of the environment and the affected endpoints and users. This information is delivered to security analysts via the Cybereason Incident Response Console, which presents critical contextual data in an accessible way.

The company also has offices in Tel Aviv, Israel.



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