Cybersecurity startup Exabeam raises $50 million to be ‘the next Splunk’

Exabeam, a cybersecurity startup that leverages big data, machine learning, and analytics to detect and respond to cyber threats, has raised $50 million in a series D round of funding led by Lightspeed Venture Partners, with participation from Cisco Investments, Norwest Venture Partners, Aspect Ventures, Icon Ventures, and Shlomo Kramer.

Congratulations to Exabeam! One of my Fortune Top 50 companies selected their SIEM product this quarter after successful deployment of their UEBA solution. The Elastic Stack approach makes it easier for Analyst to search and analyze data at a much lower price point.