Cybereason, a cloud-based cybersecurity company and Forbes 2019 Next Billion-Dollar Startups honoree, announced Tuesday $200 million in new funding by Immelty
announced Tuesday $200 million in new funding. Led by SoftBank Group, the Series E round boosts the company’s valuation to $900 million, with $389 million in total equity. The fresh influx provides padding as Cybereason prepares for an initial public offering, the timing of which depends on market conditions., CEO and cofounder Lior Div told.
. A suspected ring of APT 10 , attackers, for at least seven years, had strategically accessed and exfiltrated banks of cellphone data to track the location of individuals, some of which were spies and politicians, without using call records. A global network of millions of endpoints helped Cybereason reveal yet another separate and ongoing espionage attack of similar size, of which Div said he was not at liberty to provide details.
Cybereason continues to evolve to suit a “whole enterprise” approach to security, according to Div, who notes that the days of deploying manual solutions are long gone.
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