Cybereason, a leading global cybersecurity company, today announced a $120 million investment led by SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital to advance the company's global growth.
Investment funding is new.
SoftBank Corp., SoftBank Vision Fund 2, and Liberty Capital are some of the key investors in Cybereason.
Cybereason's ability to combat sophisticated cyber threats is reflected in this investment, which ensures the company remains a long-term trusted partner for enterprises worldwide.
The investment round was led by SoftBank Corp., SoftBank Vision Fund 2 and Liberty Strategic Capital.
Transition of leadership.
The new CEO will leverage the executive team's extensive leadership, financial, and operational experience and position Cybereason for success in its new chapter.
With this investment and to support Cybereason's renewed focus on its core EDR and consulting services, we have decided to pursue expansion of our strategic relationship with Trustwave, a leader in managed security services, rather than complete the previously announced intent to merge.
Cybereason provides attack protection with cutting edge EDR and industry recognized consulting services to support organizations throughout the incident lifecycle.
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It is not possible for the Company to predict all risks, nor can the Company assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ.
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Source prnewswire