Total amount raised
$391 Millions
Latest funding date
Location
Exabeam has successfully raised significant funding over multiple rounds, attracting a diverse group of investors. The company specializes in cybersecurity solutions, offering advanced threat detection, investigation, and response capabilities.
Keep reading to explore the intricacies of Exabeam's fundraising journey and the investors backing this innovative platform.
What Is Exabeam?
Exabeam, founded in 2013 by Domingo Mihovilovic, Nir Polak, and Sylvain Gil, is headquartered in Foster City, California. The company specializes in cybersecurity, offering advanced solutions for threat detection, investigation, and response (TDIR). With a workforce of 501-1000 employees, Exabeam leverages AI and automation to enhance security operations and streamline workflows.
How Much Funding Has Exabeam Raised?
- Series A
- Amount Raised: $10M
- Date: June 2014
- Lead Investors: Norwest Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and launch their initial product offerings.
- Series B
- Amount Raised: $25M
- Date: September 2015
- Lead Investors: Icon Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their market reach and enhance product capabilities.
- Series C
- Amount Raised: $30M
- Date: February 2017
- Lead Investors: Cisco Investments, Lightspeed Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and invest in R&D.
- Series D
- Amount Raised: $50M
- Date: August 2018
- Lead Investors: Lightspeed Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and expand their product suite.
- Series E
- Amount Raised: $75M
- Date: May 2019
- Lead Investors: Lightspeed Venture Partners, Sapphire Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance their technology and expand globally.
- Secondary Market
- Amount Raised: Not publicly disclosed
- Date: April 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
- Series F
- Amount Raised: $200M
- Date: June 2021
- Lead Investors: Owl Rock Capital
- Valuation at Round: $2.4B
- Motivation Behind the Round: To accelerate scale and product innovation.
- Venture Round
- Amount Raised: $1M
- Date: December 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing operational needs.
Total Amount Raised: $391M. Current Valuation: $2.4B.
Key Investors
- Owl Rock Capital
- Details: Owl Rock Capital is a division of Blue Owl Capital, a financial services firm that provides direct lending solutions. They led Exabeam's Series F funding round.
- Investment Focus Areas: Direct lending, middle-market companies, capital solutions.
- Notable Investments: Not publicly disclosed.
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a venture capital firm that focuses on early-stage investments. They have been involved in multiple funding rounds for Exabeam.
- Investment Focus Areas: Enterprise technology, consumer, health sectors.
- Notable Investments: Snap, Nutanix, AppDynamics.
- Norwest Venture Partners
- Details: Norwest Venture Partners is a global venture capital and growth equity investment firm. They have participated in several funding rounds for Exabeam.
- Investment Focus Areas: Technology, healthcare, financial services, consumer products.
- Notable Investments: Uber, Spotify, BlueJeans.
- Acrew Capital
- Details: Acrew Capital is a venture capital firm that invests in early-stage and growth-stage companies. They participated in Exabeam's Series F funding round.
- Investment Focus Areas: Technology, financial services, consumer products.
- Notable Investments: Not publicly disclosed.
- Icon Ventures
- Details: Icon Ventures is a venture capital firm that led Exabeam's Series B funding round. They focus on investing in technology companies.
- Investment Focus Areas: Technology, enterprise software, cybersecurity.
- Notable Investments: FireEye, Palo Alto Networks, Proofpoint.
What's Next for Exabeam?
Exabeam stands at the cusp of significant growth opportunities, driven by the increasing reliance on cloud security analytics and automation. With a recent $200 million Series F funding round, the company is well-positioned to scale its operations and innovate its product offerings. The cybersecurity market's rapid expansion, particularly in areas like XDR and SIEM, presents a vast landscape for Exabeam to dominate.
Future fundraising opportunities appear promising, given the company's strong market position and the growing demand for advanced cybersecurity solutions. The potential for additional venture capital rounds or even an IPO could further fuel Exabeam's growth trajectory. However, the company will need to navigate challenges such as intense competition, the rapid pace of technological advancements, and the integration of new leadership to maintain its edge in the market.
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