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Israeli cybersecurity Startup Cybereason raises $25 million in Series B

Cybereason co-founders Yonatan Striem-Amit,   Lior Div and Yossi Naar.

 

The Israeli  cybersecurity startup Cybereason has raised $25 million in Series B funding.  Cybereason offers to make the source of such attacks more clear in real time. Cybereason is “a brain for cybersecurity, ” said Chief Executive Lior Div.

Lockheed Martin made a strategic investment of $10 million in the financing round, which was led by Spark Capital. It comes as venture funding for cybersecurity startups has increased.

The service gathers and displays in real time the information about the attack, such as the root cause and timeline of an attack, which people or machines are involved, what tools hackers are using and how they’re conveying.

Headquartered in Boston and with development offices in Tel aviv, Cybereason was founded in 2012 by CEO Lior Div, a veteran of the IDF 8200 Intelligence Corps, CTO Yonatan Striem-Amit, and chief vision officer Yossi Naar.

Cybereason collects specific information and combines analysis of big data algorithms along with proprietary knowledge enriched with external databases and intelligence. The platform has been deployed in several early access sites in the US and Israel, successfully identifying the most advanced and targeted attacks, such as Flame, Doqu and Stuxnet; reconstructing their impact, spread and behavior; and enabling the shutdown of malops.

Lockheed Martin director of commercial cyber services Rick Mahler said, “The Cybereason platform is an outstanding complement to the tradecraft and technologies Lockheed Martin uses every day to defend our network and our clients. Its real-time detection and attack tracing capabilities enable us to effectively leverage threat intelligence and provide our government and commercial customers with a calculated, strategic approach to cyber defense. In addition to deploying Cybereason internally and partnering with it, we also participated in this latest round as a strategic investor.”

 

 

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