Cybereason Secures $275 Million in Crossover Financing to Extend Global Leadership in XDR

▤ Summary

This latest round of investment validates the company’s position as the preeminent innovator in delivering XDR, EDR, EPP and anti-ransomware solutions. We are confident in Cybereason’s ability to deliver a superior product to customers and provide best-in-class critical infrastructure defense.” Cybereason has experienced impressive growth over the last year and has been recognized as a leading innovator by many third-party organizations: • Taking a premier spot on the CNBC 2021 Disruptor 50 list of the most innovative privately held global companies - one of only two security companies to make the list out of a record breaking 1,600 nominations • Exceptional performance in the MITRE Engenuity ATT&CK Evaluations, receiving top scores across every aspect of the testing, including 100% coverage for prevention of Windows and Linux-based threats and unparalleled visibility and detections for the 54 advanced attack techniques • An impressive debut in the 2021 Gartner Magic Quadrant for Endpoint Platforms, positioned furthest to the right in the Visionary Quadrant for Completeness of Vision in the endpoint protection space • Protecting customers from the headline-making operations that other solutions missed, including the SolarWinds Supply Chain attacks, the Microsoft Exchange Server attacks, and the crippling ransomware attacks launched by DarkSide, REvil, Conti and other ransomware syndicates “Over the past year, we’ve experienced hypergrowth across the globe as defenders recognize that ending advanced attacks isn’t possible using solutions that rely on meaningless alerts and human intervention,” said Lior Div, CEO and co-founder of Cybereason. Unlike our prolific alert-generating competitors, Cybereason takes an approach that enables defenders to end malicious operations instantly, resulting in the most comprehensive prevention, detection and response solution on the market. The Cybereason Defense Platform combines the industry’s top-rated detection and response (EDR and XDR), next-gen antivirus (NGAV), and proactive threat hunting to deliver context-rich analysis of every element of a Malop (malicious operation). In that capacity, he worked directly with top U.S. regulators and chief executives of the largest U.S. financial institutions on cybersecurity preparedness, regulatory coordination, and incident response.

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Cybereason Inc.

$10M to $25M