Cybereason Lands $59,000,000 Series C Round

  • Feed Type
  • Date
    10/13/2015
  • Company Name
    Cybereason
  • Mailing Address
    222 Berkeley Street 13th Floor Boston, MA 02116 USA
  • Company Description
    Founded in 2012 by a team of ex-military cybersecurity experts, Cybereason is designed to detect complex cyber attacks and address the gap between detection and response.
  • Website
    http://www.cybereason.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $59,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    In conjunction with this investment, SoftBank will be the leading distributor of Cybereason’s cyber-security platform in the Japanese market. Per the terms of their agreement, SoftBank and Cybereason will also join forces to build a joint offering that enables Japanese organizations to defend themselves against advanced persistent threats and other sophisticated cyber attacks. Cybereason’s Series C funding round will further accelerate the exceptional growth it has experienced since launching its platform in February 2014, as reflected in the many awards and accolades it has received.
  • M&A Terms
  • Venture Investor
    SoftBank Capital
  • Venture Investor
    CRV
  • Venture Investor
    Spark Capital

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