Israeli Cybereason has reason to rejoice: SoftBank invested M

Founders Yossi Naar, Lior Div, Yonatan Amit. Photo Credit: Louiz Green Among a sea of cybersecurity firms claiming to detect and alleviate threats automatically, what makes Cybereason so special? Israeli startup Cybereason is now one of the fastest rising cybersecurity startups in the country, which is saying something. On Monday, it announced that it raised a $59 million Series C round, with $50 million coming from lead investor Japanese SoftBank and the rest from existing investors CRV and Spark Capital. In taking this bold step, SoftBank gains the role of primary distributor for Cybereason’s platform to the Japanese market. In May, the three-year-old company raised a $25 million Series B, with approximately $10 million of that investment from American defense contractor Lockheed Martin. That puts the company’s total funding to date at $88.6 million,…

Link to Full Article: Israeli Cybereason has reason to rejoice: SoftBank invested M

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