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Exabeam raises $50 million

By TechTaffy Desk

Security intelligence company Exabeam has closed a $50 million in Series D funding. The round, backed entirely by existing investors, was led by Lightspeed Venture Partners and supported by Aspect Ventures, Cisco Investments, Icon Ventures, Norwest Venture Partners and cybersecurity investor Shlomo Kramer.

The funds will be used to grow the company’s cloud portfolio, as well as sales and channels to expedite global expansion, Exabeam said in a statement.

[Image courtesy: Exabeam]

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