Total amount raised
$970.6 Million
Latest funding date
3/1/2025
Location
Cybereason has successfully raised funding over 10 rounds, with the latest being a Series H round involving investors such as Liberty Strategic Capital and SoftBank Vision Fund. The company specializes in endpoint protection, detection, and response, offering an AI-driven Extended Detection and Response (XDR) platform.
Keep reading to explore the intricacies of Cybereason's fundraising journey and the investors backing this innovative cybersecurity platform.
What Is Cybereason?
Cybereason is a cybersecurity company that offers an AI-driven Extended Detection and Response (XDR) platform. The company specializes in endpoint protection, detection, and response, providing comprehensive solutions to detect, analyze, and respond to cyber threats efficiently.
Founded in La Jolla, California, Cybereason operates as a private entity and has been acquired by LevelBlue. The company employs between 501 and 1000 people and is recognized for its operation-centric approach to cybersecurity, leveraging artificial intelligence to deliver predictive responses to threats.
How Much Funding Has Cybereason Raised?
- Series A
- Amount Raised: USD 4,600,000
- Date: February 2014
- Lead Investors: CRV
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial product development and market entry.
- Series B
- Amount Raised: USD 25,000,000
- Date: May 2015
- Lead Investors: Spark Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and enhance product features.
- Series C
- Amount Raised: USD 59,000,000
- Date: October 2015
- Lead Investors: SoftBank
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and accelerate growth.
- Series D
- Amount Raised: USD 100,000,000
- Date: June 2017
- Lead Investors: SoftBank
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand global presence and invest in R&D.
- Secondary Market
- Amount Raised: USD 37,000,000
- Date: June 2017
- Lead Investors: All Blue Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
- Series E
- Amount Raised: USD 200,000,000
- Date: August 2019
- Lead Investors: SoftBank
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product offerings and expand into new markets.
- Series F
- Amount Raised: USD 275,000,000
- Date: July 2021
- Lead Investors: Liberty Strategic Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support strategic acquisitions and further technological advancements.
- Series F
- Amount Raised: USD 50,000,000
- Date: October 2021
- Lead Investors: Google Cloud
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance cloud security solutions and partnerships.
- Series G
- Amount Raised: USD 100,000,000
- Date: April 2023
- Lead Investors: SoftBank
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To drive global expansion and innovation in cybersecurity.
- Series H
- Amount Raised: USD 120,000,000
- Date: March 2025
- Lead Investors: Liberty Strategic Capital, SoftBank, SoftBank Vision Fund
- Valuation at Round: USD 300-400 million
- Motivation Behind the Round: To stabilize operations and refocus on core cybersecurity offerings.
Cybereason has raised a total of USD 970,600,000. The current valuation is USD 300-400 million.
Key Investors
- Liberty Strategic Capital
- Details: Liberty Strategic Capital is a private equity firm founded by former U.S. Treasury Secretary Steven Mnuchin. The firm focuses on leveraging its expertise and network to invest in technology, financial services, and media sectors.
- Investment Focus Areas: Technology, Financial Services, Media
- Notable Investments: Zimperium, Digital Currency Group, BlueVoyant
- SoftBank
- Details: SoftBank is a Japanese multinational conglomerate holding company headquartered in Tokyo. It has a significant presence in telecommunications, internet services, and technology sectors.
- Investment Focus Areas: Technology, Energy, Financial Services
- Notable Investments: Alibaba, Uber, WeWork
- SoftBank Vision Fund
- Details: SoftBank Vision Fund is one of the largest technology-focused venture capital funds in the world. It invests in AI, robotics, and other advanced technologies.
- Investment Focus Areas: AI, Robotics, Advanced Technologies
- Notable Investments: Arm Holdings, Slack, DoorDash
- Google Cloud
- Details: Google Cloud is a suite of cloud computing services offered by Google. It provides infrastructure, platform, and software services.
- Investment Focus Areas: Cloud Computing, AI, Data Analytics
- Notable Investments: Snap Inc., Box, Spotify
- All Blue Capital
- Details: All Blue Capital is a global investment firm that focuses on technology, healthcare, and real estate sectors. The firm aims to support innovative companies with high growth potential.
- Investment Focus Areas: Technology, Healthcare, Real Estate
- Notable Investments: Palantir, SpaceX, Cybereason
What's Next for Cybereason?
Cybereason stands at the cusp of significant growth opportunities, bolstered by a $120 million investment aimed at expanding its EDR solutions and consulting services. The strategic partnership with Trustwave and the appointment of Manish Narula as CEO are pivotal moves to enhance innovation and market reach.
Future fundraising prospects look promising, with existing investors showing interest in participating in the current funding round. This financial backing could further solidify Cybereason's position in the competitive cybersecurity landscape.
However, challenges such as managing growth, navigating regulatory approvals, and addressing sophisticated cyber threats remain. The company's ability to adapt and innovate will be crucial in overcoming these hurdles and achieving sustained success.
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