Softbank Invests Additional $200 Million in Cybereason
The Japanese telecommunication corporation has now invested more than $350 million in the Israeli cyber company
Hagar Ravet | 08:11 06.08.2019
Japan’s Softbank Corporation has invested $200 million in Boston-headquartered cybersecurity company Cybereason Inc. as part of a series E round in which the Japanese telecommunication corporation was the sole participant. Cybereason announced the round Tuesday. Softbank has now invested more than $350 million in the company. The new round brings Cybereason’s total funding raised to date to $400 million. In a phone call with Calcalist Monday, Cybereason’s co-founder and CEO Lior Div declined to comment on the company’s valuation, but did state that Softbank does not own a controlling share in the company.