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Cybereason
20 stories about Cybereason
LevelBlue acquires Cybereason in a quiet end to a once-soaring cybersecurity star
14.10.25
|
Meir Orbach
The Boston- and Tel Aviv-based company had raised over $900 million before succumbing to industry headwinds.
Cybereason controversy resurfaces as Astronomer CEO Andy Byron quits after Coldplay affair clip
20.07.25
|
CTech
Past allegations about Byron’s management style at the Israeli cyber firm come back into focus as viral concert video forces abrupt exit.
Cybereason secures $120 million investment amid leadership shakeup and abandoned merger
11.03.25
|
Meir Orbach
The funding, led by SoftBank and Liberty Strategic Capital, comes after months of financial turmoil and a shift away from a merger with Trustwave.
Cybereason CEO resigns amid boardroom battle over funding
05.03.25
|
CTech
Eric Gan steps down after accusing Mnuchin, SoftBank of obstructing vital financing.
Cybereason CEO accuses Mnuchin, SoftBank of forcing company toward bankruptcy
11.02.25
|
CTech
Eric Gan’s lawsuit claims investors blocked crucial funding to tighten control over the firm.
Once $5 billion IPO bound, Cybereason merges with Trustwave amid decline
17.11.24
|
CTech
The Israeli-founded company’s 90% valuation plunge and layoffs underline the challenges of today’s cybersecurity market.
Israel's "groundbreaking" cancer treatment and a new $35 million Seed round?
14.06.24
|
Elihay Vidal
Our AI-generated hosts talk through some of tech's biggest stories this week
Cybereason co-founders unveil new AI startup, raise $36 million in Seed funding
09.06.24
|
CTech
“With attackers harnessing the power of AI to unleash unprecedented levels of cyber assaults, the time has come to equip defenders with the same cutting-edge technology,” said Yonatan Striem-Amit, who founded Seven AI with Lior Div after leaving Cybereason last year
Cybereason crisis continues with dozens of jobs to be cut in third round of layoffs
20.03.24
|
Meir Orbach
After being on the verge of an IPO in 2021, Cybereason has since seen its CEO resign, hundreds of employees get laid off, all while experiencing a 90% drop in value from $3 billion to $300 million
Cybereason and Rapid are paying the price for SoftBank’s mistakes
30.04.23
|
Sophie Shulman
The collapse of Cybereason’s value by 90% along with the layoffs of half of the employees and the replacement of the CEO at Rapid are two more milestones in the crisis engulfing Israeli high-tech. However, these two companies have another common denominator: Belonging to SoftBank's portfolio
From $3 billion to $300 million in one year: Cybereason’s hard landing
30.04.23
|
Meir Orbach
The Israeli cybersecurity company, which in 2021 was on the verge of an IPO at a $5 billion valuation, has experienced a year from hell, including the removal of the CEO, the dismissal of hundreds of employees, and a dramatic drop in valuation
Cybereason valuation dropped by over 90% in recent funding round
24.04.23
|
Meir Orbach
The cybersecurity company received a $100 million investment from SoftBank Corp. earlier this month at a valuation of $300-400 million compared to the roughly $3 billion at which it was valued when it raised $275 million in 2021
Cybereason appoints Zohar Alon as President of Product and R&D
20.04.23
|
James Spiro
He will join the company with more than 25 years of industry experience and will be responsible for driving product strategy for the company’s defense platform
SoftBank invests another $100 million in cyber unicorn Cybereason, replaces CEO
03.04.23
|
Meir Orbach
The new investment will make the Japanese conglomerate Cybereason’s leading shareholder
Cyber unicorn Cybereason sacks 200 employees, 17% of workforce
26.10.22
|
Meir Orbach
This is the second round of layoffs at the company, which parted ways with around 100 employees in June
Cybereason looking for buyer after IPO falls through
23.10.22
|
Meir Orbach
According to The Information, the Israeli cybersecurity unicorn, currently valued at $2.5 billion, has abandoned its plan to go public and is seeking a sale instead
Uni-cuts: Why even unicorns with plenty of cash are making significant cuts
21.06.22
|
Meir Orbach
Unicorns like Trax, Cybereason and OpenWeb, which raised hundreds of millions of dollars last year, have announced the layoff of dozens of workers in recent days. The reasons: maintaining the cash in their coffers, keeping the company’s investors calm and retaining talents
Six reasons why high-tech companies are laying off employees
19.06.22
|
Meir Orbach
Israeli high-tech is alive and kicking, and the demand for manpower remains great. But after years of money flowing like water and hiring sprees, the industry is tightening its belt. Calcalist examines the reasons that led companies to lay off employees - from investor pressure to a change in business direction - to understand where the trend is heading
Cybereason laying off 100 employees in Israel, U.S. and Europe
01.06.22
|
Meir Orbach
Earlier this year, Cybereason, which is backed by SoftBank's Vision Fund 2 and former U.S. Treasury Secretary Steven Mnuchin's investment firm, confidentially filed for a U.S. initial public offering that could value it at more than $5 billion
Cybersecurity unicorn Cybereason opening new R&D center in Beer Sheva
17.04.22
|
Meir Orbach
The company plans to recruit over 100 new employees for its new offices at the Gav-Yam Negev High Tech Park
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