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Exabeam Secures $200 Million At $2.4 Billion Valuation, Welcomes New Ceo And President Michael Decesare

Jun 01, 2021over 4 years ago

Amount Raised

$200 Million

Foster City

Description

Exabeam, the security analytics and automation company, today announced a $200 million Series F growth round at a valuation of $2.4 billion. The round is led by the Owl Rock division of Blue Owl Capital and supported by existing investors Acrew Capital, Lightspeed Venture Partners and Norwest Venture Partners. Exabeam also welcomes cybersecurity industry leader Michael DeCesare as CEO and president. The company’s co-founder and first CEO, Nir Polak, will continue on as an active member of the executive team and remain at the company

Company Information

Company

Exabeam

Location

Foster City, California, United States

About

Exabeam is a global cybersecurity leader that adds intelligence to every IT and security stack. We are reinventing the way security teams use analytics and automation to solve threat detection, investigation, and response (TDIR), from common security threats to the most critical that are difficult to identify. The Exabeam Security Management platform is a comprehensive cloud-delivered solution that leverages machine learning and automation using a prescriptive, outcomes-based approach to TDIR. It is designed and built to help security teams detect external threats, compromised users and malicious adversaries, minimize false positives, and make security success the norm. For more information, visit www.exabeam.com. Exabeam, the Exabeam logo, Exabeam Fusion, Threat Hunter, Smart Timelines and Security Management Platform are service marks, trademarks or registered marks of Exabeam, Inc. in the United States and other countries. All other brand names, product names, or trademarks belong to their respective owners. © 2021 Exabeam, Inc. All rights reserved. 1 Gartner, “Forecast: Information Security and Risk Management, Worldwide, 2019-2025, 1Q21 Update,” Krishnendu Bal, Mark Driver, Christian Canales, Ruggero Contu, Lawrence Pingree, Elizabeth Kim, John A. Wheeler, Swati Rakheja, Rustam Malik, Nat Smith, Mark Wah, March 2021, IDG00743366 *Calculations performed by Exabeam, Inc.

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