Exabeam

Last updated
Exabeam
IndustryInformation security
Founded2013;12 years ago (2013)
FounderNir Polak, Domingo Mihovilovic, and Sylvain Gil
Headquarters
Foster City, California
Key people
 Pete Harteveld (CEO)
Website 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]

Contents

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] The merger was finalized in July 2024, with Christopher O'Malley, former CEO of LogRhythm, named as the CEO of the newly combined company operating under the Exabeam name. [31]

In October 2025, Exabeam announced Pete Harteveld as Chief Executive Officer. The leadership transition follows the decision by Chris O’Malley to step into retirement after three years of dedicated service to the company and over 30 years of executive leadership. [32]

See also

References

  1. ↑ Perlroth, Nicole (2014-12-03). "Hacked vs. Hackers: Game On". Bits Blog. Retrieved 2023-05-22.
  2. ↑ Taylor, Brian (2015-02-09). "Exabeam handles security threats in real time with user behavior intelligence". TechRepublic. Retrieved 2023-05-22.
  3. ↑ "Exabeam joins cybersecurity ecosystem revolving around Snowflake". VentureBeat. 2021-01-31. Retrieved 2023-06-30.
  4. ↑ חיימוביץ׳, הילה (2017-02-08). "גיוס: Exabeam מגייסת 30 מיליון דולר, תחסום גם האקרים שהשיגו גישה למערכת". גיקטיים (in Hebrew). Retrieved 2023-05-22.
  5. ↑ "Forget malware — stolen credentials are the real enterprise threat". VentureBeat. 2014-05-24. Retrieved 2023-05-22.
  6. ↑ רבט, הגר (2019-07-02). "חברת הסייבר Exabeam מבססת נוכחות בישראל עם רכישה ראשונה". כלכליסט - www.calcalist.co.il. Retrieved 2023-05-22.
  7. ↑ "Exabeam named "Cool Vendor" in Security Intelligence by Analyst Firm Gartner". www.businesswire.com. 2015-05-01. Retrieved 2023-05-22.
  8. ↑ Shieber, Jonathan (2014-06-10). "Exabeam Raises $10 Million For Network-Tracking Security Software". TechCrunch .
  9. ↑ "StrictlyVC: September 29, 2015". www.strictlyvc.com. Retrieved 2023-05-22.
  10. ↑ Ian, Barker. "New application uses behavioral analytics to fight ransomware". BetaNews.
  11. ↑ "Machine learning could help companies react faster to ransomware". PCWorld. Retrieved 2023-05-22.
  12. ↑ "Exabeam raises $30 million led by Cisco and Lightspeed". VentureBeat. 2017-02-07. Retrieved 2023-05-22.
  13. ↑ "Cybersecurity startup Exabeam raises $50 million Series D". ZDNET. Retrieved 2023-05-22.
  14. ↑ Schubart, Cromwell (2018-08-16). "Exabeam boasts of being a 'Splunk killer' as it raises $50M in new funding". Bizjournals. Retrieved 2023-05-22.
  15. ↑ "Israeli-Founded Firm Exabeam Raises $50M to Leverage Big Data Security". NoCamels. 2018-09-03.
  16. ↑ "Exabeam raises $75 million to advance SIEM cybersecurity". VentureBeat. 2019-05-07. Retrieved 2023-05-22.
  17. ↑ "Exabeam enhances security management approach and boosts cybersecurity degree program". Help Net Security. 2019-05-21. Retrieved 2023-05-22.
  18. ↑ "Zirilio and Exabeam overhaul Deakin University's SIEM". www.arnnet.com.au. Retrieved 2023-05-22.
  19. ↑ "Exabeam רכשה את SkyFormation". Israel Defense (in Hebrew). 2019-07-07. Retrieved 2023-05-22.
  20. ↑ "Exabeam buys Israeli cloud security firm SkyFormation". Reuters. 2019-07-02. Retrieved 2023-05-22.
  21. ↑ יבלונקו, יסמין (2019-07-02). "בלי גיוסי הון בכלל: אקזיט לסטארט-אפ SkyFormation". Globes. Retrieved 2023-05-22.
  22. ↑ Vizard, Michael (2021-01-31). "Exabeam joins cybersecurity ecosystem revolving around Snowflake". VentureBeat.
  23. ↑ Bort, Julie; Joyner, April (December 28, 2021). "Over 340 US startups became unicorns in a record-breaking 2021. Here's the full list and their investors". Business Insider. Retrieved 2023-05-22.
  24. ↑ Labs, Startup Around | Version. "Exabeam Secures $200M Series F". startuparound.com. Retrieved 2023-05-22.
  25. ↑ Naraine, Ryan (2021-06-01). "Exabeam Lands $200M Investment, Replaces CEO". SecurityWeek. Retrieved 2023-05-22.
  26. ↑ Gallindoss, Alan. "New Israeli Unicorn Exabeam Hits $2.4 Billion Valuation" . Retrieved 2023-05-22.
  27. ↑ "The Forrester Wave™: Security Analytics Platforms, Q4 2020". Forrester. Retrieved 2023-05-22.
  28. ↑ Lee, Jane Lanhee (2021-06-01). "Cybersecurity startup Exabeam raises $200 mln, valued at $2.4 bln". Reuters. Retrieved 2023-05-22.
  29. ↑ Novinson, Michael (2021-06-01). "Exabeam Snags Ex-Forescout Exec Michael DeCesare As CEO". CRN. Retrieved 2023-05-22.
  30. ↑ Naraine, Ryan (2024-05-15). "Thoma Bravo-Owned LogRhythm Announces Merger With Rival Exabeam". SecurityWeek. Retrieved 2024-05-16.
  31. ↑ Riley, Duncan (2024-07-17). "Enhanced R&D and service in focus as Exabeam and LogRhythm finalize merger". SiliconANGLE. Retrieved 2024-08-28.
  32. ↑ "Exabeam Appoints Pete Harteveld as CEO". Business Wire . 2025-10-08.{{cite web}}: CS1 maint: url-status (link)
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.