Cybereason raises $ 100 million to develop new products

by bold-lichterman

  • Cybereason uses artificial intelligence to detect problems on the computer network.
  • The start-up has already raised 59 million dollars in 2015.
  • It was created by former Israeli military personnel.

Cybereason, Israeli start-up specializing in cybersecurity, announces a new funding round of 100 million dollars, led by SoftBank. The company has already raised $ 59 million in October 2015 from Lockheed Martin, Spark Capital and SoftBank.

Created in 2012 by former Israeli soldiers, Yonatan Striem-Amit, Lior Div and Yossi Naar, Cybereason develops solutions to allow companies to detect problems on their computer network. To do this, the start-up uses artificial intelligence. Today, Cybereason has 200 customers including Motorola and Lockheed Martin.

In the market, the company must in particular face Cylance and Crowdstrike, which also rely on AI to develop their cybersecurity solutions.

With this new investment, Cybereason intends to develop new products. To do this, it plans to strengthen its team of 300 people. Finally, the start-up plans to open up to new markets.

Founders: Yonatan Striem-Amit, Lior Div and Yossi Naar

Launch: 2012

The head office : Israel

Activity: cybersecurity solution for businesses

Funding: $ 59 million in October 2015, $ 100 million in June 2017

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