Cybereason Closes Million Series C Round led by the SoftBank Group

SoftBank Finances the Majority of Cybereason’s Largest Round to Date,Takes Cybereason to Market in Japan Boston, MA, October 13, 2015  – Cybereason today announced the close of $59 million in Series C funding, led by a new investor, SoftBank Corp. (“SoftBank”), a subsidiary of SoftBank Group Corp. (TOKYO: 9984) along with existing investors CRV and Spark Capital. In conjunction with this investment, SoftBank will be the leading distributor of Cybereason’s cyber-security platform in the Japanese market. Per the terms of their agreement, Softbank and Cybereason will also join forces to build a joint offering that enables Japanese organizations to defend themselves against advanced persistent threats and other sophisticated cyber attacks.  “SoftBank works to obtain cutting edge technology and outstanding business models to lead the Information Revolution. Our deployment of the…


Link to Full Article: Cybereason Closes Million Series C Round led by the SoftBank Group