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The 13 Largest US Tech Startup Funding Rounds of June 2021

The 13 Largest US Tech Startup Funding Rounds of June 2021
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Exabeam appoints Michael DeCesare as the company s CEO and President

Perimeter security is the first line of defence against intruders entering a business or premises. Traditionally associated with low-tech options such as fencing, the field of perimeter security has expanded in recent years and now encompasses a range of high-tech options. We asked this week’s Expert Panel Roundtable: What are the latest trends in perimeter security technology? With the continued rolling back of COVID restrictions in the UK, there is a palpable sense of relief. A mixture of mass vaccinations, widespread testing, and track and tracing of the infection is helping to enable a healthy bounce back for businesses – with secure access control taking an important role in facilitating this.

Exabeam Raises $200M in Series F Funding

Exabeam, a Foster City CA-based security analytics and automation company, raised $200M in Series F funding at $2.4 Billion valuation. The round was led by the Owl Rock division of Blue Owl Capital and supported by existing investors Acrew Capital, Lightspeed Venture Partners and Norwest Venture Partners. The company intends to use the funds to accelerate scale and product innovation. Led by new CEO and President Michael DeCesare, Exabeam is a security analytics and automation company that adds intelligence to every IT and security stack. Its cloud-delivered solution leverages machine learning and automation to help security teams detect external threats, compromised users and malicious adversaries, minimize false positives, and make security success the norm.

Exabeam raises $200M to fuel scale, product innovation and extend leadership

Exabeam raises $200M to fuel scale, product innovation and extend leadership Exabeam 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. DeCesare has more than 25 years of experience leading high-growth security companies. He was president of McAfee, and most recently, DeCesare was CEO and president of ForeScout Technologies, which went public in 2017 under his leadership.

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