Cybereason Secures $120 Million in Funding to Advance Cybersecurity Innovation

Cybereason, an Israeli startup and a leader in Endpoint Detection and Response (EDR) technology, has raised an additional $120 million from key investors, including SoftBank Corp., SoftBank Vision Fund 2, and Liberty Capital. Existing investors will also have the opportunity to participate in this funding round.

This investment underscores strong investor confidence in Cybereason’s cutting-edge cybersecurity solutions and its ability to protect enterprises from sophisticated cyber threats. The funding will support Cybereason’s long-term growth, ensuring it remains a trusted cybersecurity partner for businesses worldwide.

Founded in 2012 in Israel by former CEO Lior Div, CTO Yonatan Striem-Amit, and CVO Yossi Naar – all veterans of the IDF’s 8200 intelligence unit, Cybereason is an Israeli cybersecurity company, which provides protection against cyberattacks to both governments and businesses alike. Alphabet Inc’s Google Cloud unit is one of its backers.

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Cybereason provides attack protection with cutting edge EDR and industry recognized consulting services to support organizations throughout any stage of the incident lifecycle. Cybereason’s award-winning technology and elite experts empower organizations of all sizes to harden, respond and recover from cyber threats in an ever evolving threat landscape. Cybereason is a privately held international company headquartered in California with customers in more than 40 countries.

With this investment and to support Cybereason’s renewed focus on its core EDR and consulting services, and the company has decided to pursue expansion of our strategic relationship with Trustwave, a leader in managed security services, rather than complete the previously announced intent to merge.

Manish Narula has been appointed as the new CEO of Cybereason, effective immediately. Narula, along with Puff, will leverage the executive team’s extensive leadership, financial, and operational experience and position Cybereason for success in its new chapter.

“We are thrilled to have key investors SoftBank Corp., SoftBank Vision Fund 2 and Liberty Strategic Capital leading this investment round. This funding is a testament to the strength of our technology, and the trust our partners place in Cybereason.” said Manish Narula, CEO of Cybereason. “With this capital infusion, Cybereason’s Chief Administrative Officer and General Counsel, Gregory Puff, along with the entire Cybereason team, will continue to push the boundaries of innovation in cybersecurity technology and services, expanding our reach in critical markets.”