Cybereason, a Boston, MA-based XDR company, raised $100M in funding.
The round was led by SoftBank Corp.
The company intends to use the funds to growth and advance its innovation in XDR, EDR, and EPP solutions.
Cybereason partners with defenders to end attacks at the endpoint, in the cloud, and across the entire enterprise ecosystem. The company’s AI-driven Cybereason Defense Platform provides predictive prevention, detection, and response against modern ransomware and advanced attack techniques. The Cybereason MalOp™ instantly delivers context-rich attack intelligence across every affected device, user, and system with unparalleled speed and accuracy.
The company has customers in more than 40 countries.
In addition to the funding, Cybereason announced that Eric Gan will serve as the company’s new CEO, subject to confirmation by the company’s board and pending customary regulatory approvals, while current CEO and Co-Founder Lior Div will transition to the role of advisor.
