Exabeam, a Silicon Valley startup that helps companies automate the analysis and monitoring of their cybersecurity data, on Tuesday said it raised $200 million in its latest round of funding which valued the company at $2.4 billion.
Exabeam Secures $200 Million at $2.4 Billion Valuation, Welcomes New CEO and President Michael DeCesare
on June 01 2021 11:30 PM
New funding will fuel scale, product innovation and extend the company’s leadership as it delivers the number one trusted cloud SecOps platform on the market
FOSTER CITY, Calif. (BUSINESS WIRE) 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. Additionally, Polak will assume the role of chairman of the board.
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Cybersecurity startup Exabeam raises US$200 million, valued at US$2.4 billion Exabeam, a Silicon Valley startup that helps companies automate the analysis and monitoring of their cybersecurity data, on Tuesday said it raised US$200 million in its latest round of funding which valued the company at US$2.4 billion.
Exabeam CEO Michael DeCesare (L) and chairman and co-founder Nir Polak (R) pose in front of the Exabeam logo in Foster City, California, U.S. in this undated May 2021 handout photograph. Courtesy BIGSHOT PHOTOGRAPHY/Handout via REUTERS.
01 Jun 2021 09:10PM
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