附近上门

Cybersecurity platform 聽has raised $50 million in a Series D led by . , , , . Other firms also participated in the round.

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Founded in 2013, this is the for Exabeam. Prior to this round, the company picked up led by Lightspeed Venture Partners and Cisco Investments. Its Series D brings the company鈥檚 total known funding to $115 million.

Exabeam relies on the collection of massive amounts of data, what 鈥檚 known as a 鈥渄ata lake,鈥� to trace and hunt down security threats. With machine learning technology that flags anomalies in employee behavior, its technology recognizes and mitigates threats automatically.

Co-Founder and CEO of Exabeam聽听迟辞濒诲 附近上门 News that security systems can no longer be reliant on human-based analysis, as the sheer amount of information to be processed, and the number of endpoints to be protected, has increased over time.

鈥淭here are a lot more tools, a lot more users, [and] a lot more data. There are way more information sets to analyze,鈥� Polak explained. With the amount of data to be processed shortages in security staff have brought on a need for more automated solutions.

Additionally, according to Polak, the nature of security threats themselves have made tracking and identifying possible security breaches much more difficult.

鈥淭hreats have become a lot more sophisticated鈥揳 lot more low and slow, trying to stay under the radar for a long time. It鈥檚 hard to find that needle in a haystack,鈥� Polak explained, adding that adversaries are aiming to stealthily attack companies鈥� infrastructure by stealing the identity of employees. Exabeam鈥檚 heavily data-based analytics platform is able to detect even those sophisticated 鈥渓ow and slow鈥� threats to a company鈥檚 system.

The company differentiates itself from industry incumbents also focused on data collection, like , with its fixed pricing model. According to Polak, other companies use pricing models that are based on the volume of data collected by the system. Exabeam, by contrast, charges its customers based on the number of employees in its organization, rather than the amount of data that the program collects and processes.

鈥淲e don鈥檛 believe the value of security is in the data. The value is in the response on top of it. So we wanted to create an all-you-can-eat pricing model,鈥� Polak explained. 鈥淚t鈥檚 not that we鈥檙e so so much cheaper than a Splunk. What our customers love about us is that it鈥檚 predictable. They know that we鈥檙e not going to hold them hostage to access their data.鈥�

Exabeam has seen 300 and 250 percent growth over the last two fiscal years, according to its press release. The company currently has 鈥渨ay over鈥� 200 active customers, and the average customer has about 12,000 employees, according to Polak.

While the company is not releasing revenue metrics, Polak told 附近上门 News that he believes the company is doing well against the competition. 鈥淲e track ourselves against the currently publicly traded security companies, and we鈥檙e tracking way ahead of all of them,鈥� he said.

Exabeam plans to use its fresh funding to continue their go-to-market strategy, investing in obtaining more market share in its home market, while also expanding its global efforts. Further, the company plans to increase its product offering for cloud security solutions for cloud-based companies.

As for the future of security, for Polak, it鈥檚 the more automation, the better. In the end, though, he believes the human is the biggest source of security breaches. 鈥淩eally the weakest link is the human. We can鈥檛 really fix them,鈥� he said. 鈥淚f you鈥檙e able to solve that problem, you could become the next billionaire.鈥�

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