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Cybereason Raises $25M in Series B Funds; Spark Capital, Lockheed Among Investors

Cybereason Raises $25M in Series B Funds; Spark Capital, Lockheed Among Investors - top government contractors - best government contracting event
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investment money exchangeMassachusetts-based cybersecurity firm Cybereason has raised $25 million in Series B capital funds from Spark Capital, Lockheed Martin, CRV and others for the expansion efforts on research and development and sales and marketing.

Cybereason said Wednesday the investments also include Lockheed’s integration of the Cybereason Endpoint Detection and Response platform with its cybersecurity portfolio and Spark Capital Founder Santo Politi‘s appointment to the Cybereason board.

Rich Mahler, director of commercial cyber services at Lockheed, said Cybereason’s threat detection and attack-tracing offerings supplement Lockheed’s cyber defense services.

Cybereason has received recognition from Inc. Magazine as one of “nine Israeli companies to watch.”

The company has also been shortlisted as one of the 2015 RSA Conference’s “10 Most Innovative Companies” and named a finalist in SC Magazine’s 2015 “Emerging Technologies” award for Europe.

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Written by Anna Forrester

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