Exabeam rakes in $50 million investment for SIEM platform
Exabeam, a company that provides a platform for monitoring network data for threats, announced $50 million in a Series D funding round on Tuesday. The round brings its total investment funding to $115 million. The company offers a security information and event management (SIEM) platform. SIEM products essentially aggregate security-related events — such as log-ins and malware activity — from across a network’s infrastructure and analyzes the collected data to inform network administrators and present possible counteraction. Exabeam’s says its product, called the Security Intelligence Platform, uses machine learning for comprehensive threat detection and is scalable to meet a customer’s specific network needs. It says the platform can secure various aspects of an enterprise, including cloud services, machines and internet-of-things devices. As network infrastructures grow more complex, the amount of data that a SIEM can log is skyrocketing, Exabeam says, which is making the use of SIEM products that price […]
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