Cybereason has closed a $120 million funding round led by SoftBank Group Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital.
The funding will support the growth of Cybereason's XDR platform, which uses artificial intelligence to detect cyberattacks across various devices and technology assets.
Cybereason has appointed Manish Narula as its new CEO, succeeding former CEO Eric Gan.
Chainguard, a cybersecurity startup, is reportedly in talks about a $350 million investment from Kleiner Perkins, following its previous $140 million Series C raise.