Cybereason Raises $100 Million at a Valuation of about $3 billion

Cybereason is a cybersecurity technology company that offers next-generation antivirus software and managed monitoring services. The company delivers the precision to end cyber-attacks in an instant – on computers, mobile devices, servers, and in the cloud services.

Cybereason has announced the completion of a $100 million financing round led by SoftBank Corp. The fresh funding will be used for the company’s global expansion and growth of its innovation in XDR, EDR, and EPP solutions. Moreover, Cybereason has announced that Eric Gan will serve as the company’s new CEO.

Cybereason, headquartered in Boston, United, was founded in 2012 in Israel by Lior Div, Yonatan Striem-Amit, and Yossi Naar. Cybereason moved its headquarters to Boston while development activities remain in Israel. Currently, the company also has offices in London, Tel Aviv, and Tokyo. “I am so proud of what we have accomplished at Cybereason and I look forward to being a part of helping the company move to the next level,” said Lior Div, co-founder of Cybereason.

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