Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a01375ff-b905-4e8e-a8e1-d5beae04689e
Date 10/13/2015
Company Name Cybereason
Mailing Address 222 Berkeley Street 13th Floor Boston, MA 02116 USA
Company Description Founded in 2012 by a team of ex-military cybersecurity experts, Cybereason is designed to detect complex cyber attacks and address the gap between detection and response.
Proceeds Purposes In conjunction with this investment, SoftBank will be the leading distributor of Cybereason’s cyber-security platform in the Japanese market. Per the terms of their agreement, SoftBank and Cybereason will also join forces to build a joint offering that enables Japanese organizations to defend themselves against advanced persistent threats and other sophisticated cyber attacks. Cybereason’s Series C funding round will further accelerate the exceptional growth it has experienced since launching its platform in February 2014, as reflected in the many awards and accolades it has received.