Cybereason Raises $200M in Funding

CybereasonCybereason, a Boston, MA-based cyber defense platform provider, raised $200m in funding.

The round, which brought total capital raised to date to approximately $400m, was led by SoftBank Group Corp. and its affiliates.

The company intends to use the funds to ramp up operations, focusing on:
– global growth in all geographies,
– expansion and growth of its partner program,
– innovation of its core EPP offering,
– investment in its core organic R&D, and
– evaluation of inorganic acquisition opportunities.

The company previously raised capital from CRV, Spark Capital and Lockheed Martin.

Founded in 2012 and led by Lior Div, CEO, and Yonatan Striem-Amit, CTO, Cybereason provides a cloud-based behavior-based, analytic-led EPP platform which offers endpoint detection and response (EDR), next-generation antivirus (NGAV), and active monitoring services, powered by its cross-machine correlation engine.
The company has 500 employees, is headquartered in Boston and has offices in Tel Aviv, Tokyo, London and Sydney, and additional presence on all continents.



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