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Cybereason was founded in 2012 by Lior Div, Yonatan Amit and Yossi Naar. Originally based in Tel Aviv, Cybereason opened headquarters in Boston, Massachusetts. They have additional offices in Tokyo and London.
The seed of Cybereason started in the Israeli army's 8200 unit, which specializes in cyber security.
Cybereason built a proactive security platform which continuously monitors systems to detect anomalies. They look for the signatures of malicious operations rather than malware. The software gives the story of any attack in a visual manner and is able to automatically generate reports. There are tools to inform users of the root cause, the timeline, the person involved in the breach and what information was being targeted. CEO Lior Div, in an email to VentureBeat, said:
Too much of the security industry focuses on building walls, but you can't build a big enough wall to keep the bad guys out. Businesses need to concentrate on what happens once the adversaries are inside.
Cybereason uses machine learning to ask over 8 million questions per second and correlate data across endpoints to detect any anomalies or malicious indicators.
In February 2014, Cybereason raised $4.6 million from Charles River Ventures. This funding allowed Cybereason to launch their platform commercially and further develop the platform.
Cybereason raised $25 million in May 2015 in a round led by Spark Capital. Other investors included Lockheed Martin and Charles River Ventures.
In October of 2015 Cybereason raised $59 million. The round was led by Softbank Corp., a subsidiary of SoftBank Group Corp., who alone invested $50 million, and included Spark Capital and Charles River Ventures.
In June 2017 Cybereason raised $100 million from SoftBank.
In August of 2019 Softbank and affiliates invested another $200 million into Cybereason. The funds are planned for R&D, acquisition opportunities and product integrations.