Exabeam

Last updated
Exabeam
IndustryInformation security
Founded2013
FounderNir Polak, Domingo Mihovilovic, and Sylvain Gil
Headquarters
Key people
Adam Geller (CEO)
Website https://www.exabeam.com/

Exabeam is a global cybersecurity company headquartered in Foster City, California. [1] In 2021 it joined the Snowflake Inc. data services platform and achieved unicorn status with over $2B valuation. [2] [3]

History

Exabeam was founded in 2013 [4] [5] while its software was developed by programmers from Imperva, [6] Sumo Logic, HP ArcSight, and Splunk. [7] On June 10, 2014, Exabeam raised $10 million. [8] In September 2015, EXABEAM raised $25 million in a Series B venture round led by Icon Ventures. [9] In June, the company launched Analytics for Ransomware, app designed for early detection of ransomware infections across the corporate network. [10] [11] In 2017, Exabeam raised $30 million, [12] $50 million 2018, [13] [14] [15] and $75 million in 2019. [16]

In May 2019, the company partnered with Deakin University to develop a cybersecurity degree program. [17] [18] On July 2, Exabeam bought Israeli cloud security firm SkyFormation. [19] [20] [21] In January 2021, the company joined the cybersecurity ecosystem Snowflake Inc. data services platform. [22] Exabeam achieved $2.4 billion valuation, [23] following its announcement of a $200 million Series F funding round in June. [24] [25] [26]

In 2020, Forrester Research featured Exabeam in its Security Analytics Platforms, Q4 2020 report. [27] Former ForeScout CEO Michael DeCesare became the second CEO of Exabeam on June 1, 2021, as announced by Reuters. [28] [29]

In May 2024, LogRhythm announced a planned merger with Exabeam; while the financial terms were not announced, Exabeam's most recent valuation was $2.5 billion. [30]

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References

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