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Exabeam Secures $200 Million at $2.4 Billion Valuation, Welcomes New CEO and President Michael DeCesare


Exabeam Secures $200 Million at $2.4 Billion Valuation, Welcomes New CEO and President Michael DeCesare
on June 01 2021 11:30 PM
New funding will fuel scale, product innovation and extend the company’s leadership as it delivers the number one trusted cloud SecOps platform on the market
FOSTER CITY, Calif. (BUSINESS WIRE) Exabeam, the security analytics and automation company, today announced a $200 million Series F growth round at a valuation of $2.4 billion. The round is led by the Owl Rock division of Blue Owl Capital and supported by existing investors Acrew Capital, Lightspeed Venture Partners and Norwest Venture Partners. Exabeam also welcomes cybersecurity industry leader Michael DeCesare as CEO and president. The company’s co-founder and first CEO, Nir Polak, will continue on as an active member of the executive team and remain at the company. Additionally, Polak will assume the role of chairman of the board. ....

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Authomize Raises $16M in Series A Funding


Authomize, a Tel Aviv, Israel-based Identity and Security Management Platform (IDSM), closed $16m in Series A funding.
The round was led by Innovation Endeavors with participation from return investors Blumberg Capital, Entree Capital and M12 – Microsoft’s venture fund.
The company, which has raised $22m in total funding, intends to use the funds to accelerate product development, go-to-market initiatives, including the expansion of its partner network, and double its headcount across research and development, marketing, and sales staff in both the US and Israel. 
Founded by CEO Dotan Bar-Noy, CTO Gal Diskin and VP R&D Ron Liberman, Authomize provides a platform that allows teams to automatically detect and remediate Identity and Access Management (IAM) risks across any environment by enabling teams to define and enforce the right level of permissions. The platform provides continuous risk analysis along with actionable insights to minimize security risks, re ....

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