Exabeam Secures Million Series B to Accelerate Rapid Growth

SAN MATEO, Calif., Sep 29, 2015 (BUSINESS WIRE) — Exabeam, the leader in user behavior analytics (UBA) for security, today announced the closing of a $25 million financing round to further accelerate the company’s rapid growth and continue updating its UBA solution in response to customer demand and industry trends. Icon Ventures led the Series B investment round. Icon Ventures’ previous security investments include Palo Alto Networks PANW, -2.83% and FireEye (nasd:FEYE), two of the most valuable security companies in the world. Exabeam’s previous investors – Aspect Ventures, Investor Shlomo Kramer and Norwest Venture Partners – also participated in the Series B funding, which follows a milestone year of growth for Exabeam and brings total investments in the company to $35 million. In the face of growing data breaches, malware…


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