Cybereason raises $200 million from SoftBank to expand global footprint [Reuters]
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Source: Reuters
Cybereason raises $200 million from SoftBank to expand global footprint - Reuters 2 Min Read (Reuters) - Antivirus startup Cybereason said on Tuesday it raised $200 million in investment from Japan’s SoftBank Group Corp ( 9984.T ), doubling the total investments raised by the company so far to about $400 million. The Boston-based company, which was founded in 2012, has previously raised capital from CRV, Spark Capital and Lockheed Martin. SoftBank launched a second Vision Fund last month, in which it committed $38 billion and secured pledges from Microsoft Corp ( MSFT.O ) and other investors of around $108 billion, as it looks to strengthen its position as one of the world's biggest tech investors. ( reut.rs/2YnqvGK ) A string of cyber attacks and data breaches at major corporations has helped cyber security companies sell more of their products. Cyber attacks can range from denial-of-service attacks that can cripple an entire organization to malware and phishing, which often targ
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