Cybereason, a globally recognized leader in cybersecurity, has announced a significant $120 million investment led by SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital. This funding aims to accelerate the company’s expansion of its cutting-edge Endpoint Detection and Response (EDR) solutions and reinforce its elite consulting services. As part of this new phase of growth, Cybereason has also appointed Manish Narula as its new CEO.
Securing $120 Million in Growth Capital
In a strategic move to bolster its cybersecurity capabilities, Cybereason has successfully secured an additional $120 million from key investors, including SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital. Existing investors will also have the opportunity to participate in this funding round.
This substantial investment underscores investor confidence in Cybereason’s pioneering EDR technology and its ability to counter increasingly sophisticated cyber threats. The new capital infusion will enable the company to remain a trusted cybersecurity partner for enterprises worldwide while continuing to enhance its customer-centric approach to threat detection and incident response.
“We are excited to have SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital leading this funding round,” said Manish Narula, CEO of Cybereason. “This investment highlights the strength of our technology and the unwavering trust our partners place in our company. With these resources, our Chief Administrative Officer and General Counsel, Gregory Puff, and the entire Cybereason team will continue to drive innovation in cybersecurity and expand our presence in key markets.”
New Leadership and Strategic Growth
Manish Narula has officially stepped into the role of CEO, bringing with him extensive leadership, financial, and operational expertise. Working alongside Gregory Puff and the executive team, Narula aims to position Cybereason for accelerated success in its next growth phase.
To further strengthen its focus on core EDR and consulting services, Cybereason has opted to expand its strategic collaboration with Trustwave, a prominent leader in managed security services. This decision replaces the previously announced intent to merge, ensuring a sharper focus on delivering top-tier cybersecurity solutions to clients.
About Cybereason
Cybereason is a globally renowned cybersecurity firm dedicated to providing state-of-the-art EDR technology and industry-leading consulting services. The company empowers organizations to proactively defend against cyber threats and respond effectively to security incidents. With an award-winning technology suite and a team of elite cybersecurity experts, Cybereason helps businesses of all sizes fortify their defenses and mitigate cyber risks.
Headquartered in California, Cybereason operates in over 40 countries, delivering cutting-edge security solutions to enterprises worldwide.
