SoftBank Invested $100 Million in Cybereason
21 June, 2017
Cybereason technology is about automating the hunt after threats, and doing it dramatically faster. SoftBank is Cybereason’s biggest investor and one of its biggest customers
The cyber company Cybereason announced the signing of a $100 million investment from SoftBank Corp., a subsidiary of SoftBank Group Corp. Following this financing, Cybereason has raised a total of $189 million in capital from SoftBank, CRV, Spark Capital, and Lockheed Martin since being founded in 2012.
SoftBank is Cybereason’s biggest investor and one of its biggest customers and distribution partners. The company reported a 500 percent growth in revenue and nearly 200 percent growth in employees across the globe last year. Cybereason was founded by elite intelligence professionals (photo above) born and bred in offense-first hunting. It developed its Total Endpoint Protection Platform including EDR & Next-Gen AV.
WannaCry Ransomware Proven
The Cybereason platform is powered by a custom-built in-memory graph, a truly automated hunting engine designed to detect behavioral patterns across every endpoint and surfaces malicious operations in a user-friendly interface. Cybereason is privately held and headquartered in Boston with offices in London, Tel Aviv, and Tokyo. For more information, please visit .
“This new funding allows us to increase our growth through new distribution channels and to develop new technologies’,” said Lior Div, co-founder and CEO. Cybereason’s proprietary, automated SaaS cybersecurity technology and advanced monitoring services have protected hundreds of Fortune 1000 companies. Most recently, It shielded costumers from the global WannaCry Ransomware attack.
Automated Hunting Technology
Cybereason technology is about automating the hunt after threats, and doing it dramatically faster. Sensors on every endpoint in the network silently monitor the entire organisation’s environment without impacting user productivity. All the data from the sensors is constantly relayed to the Cybereason Hunting Engine, which remembers, relates and connects past and present activities. Thus it is continuously grows stronger, smarter and more effective.
The heart of Cybereason Hunting Engine is a custom-built in-memory graph. It interrogates every endpoint by asking 8 million questions per second, 24/7 to uncover malicious tools and tactics. Using machine learning algorithms, the Hunting Engine recognizes hard to find behaviors, including fileless malware and lateral movement. It connects seemingly unrelated or benign events to reveal the full scope of the attack.
Posted in: Cyber , News , Security , Software and IT