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0 0.00296987696224015 0.00381841323716588 0.00296987696224015 0.000848536274925735 -0.00296987696224015 -0.00296987696224015 -0.00424268137462868
Stock impact report

Cybersecurity startup Exabeam raises $200 million, valued at $2.4 billion [Reuters]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Reuters
it raised $200 million in its latest round of funding which valued the company at $2.4 billion. Exabeam CEO Michael DeCesare (L) and chairman and co-founder Nir Polak (R) pose in front of the Exabeam logo in Foster City, California, U.S. in this undated May 2021 handout photograph. Courtesy BIGSHOT PHOTOGRAPHY/Handout via REUTERS. While venture capital investment in cybersecurity has been rising fast over the years, it got an extra boost during the pandemic as remote work created extra challenges. According to data firm PitchBook, venture funding in cybersecurity hit a record $10.2 billion in 2020 and as of late May 2021 had already reached $8 billion. A bulk of the funding is happening with U.S. startups. (Venture Capital Deals in Cybersecurity - ) The number of applications like firewalls, identification verification and network security analysis that companies use are mushrooming, making it more and more difficult for them manage their cybersecurity. “All of those thing Show less Read more
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