Exabeam

Company Exabeam, Inc. — the American developer of means of the analysis of behavior of users on the basis of these magazines of access for recognition of the attacks and other incidents in information security field and also tools for counteraction to cybersecurity incidents.

The headquarters of Exabeam is located in the city of San-Mateo (State of California), the USA. Besides, the company has offices in Gloucestershire (England) and Singapore.

Key development of the company — Security Intelligence Platform, the SIEM platform providing possibilities of behavior modeling of users and advanced analytics for detection of security risks.

Products & Services

Solutions of Exabeam company belong to the class UEBA (User and Entity Behavioral Analytics) and are intended for the analysis of behavior of users and devices for the purpose of identification and the subsequent response to incidents of information security.

Exabeam allows to reveal anomalies, to profile work of the user and also to detect abuses of access rights. For this Exabeam builds behavior models of users and groups where these users enter, and compares them to reference for identification of deviations and violations. At this Exabeam allows to build profiles of both users, and IT infrastructure objects – telecommunication equipment, servers, applications, network traffic, etc. It allows to reveal the attacks not only on the basis of detection of anomalies in work of users, but also IT systems.

The Exabeam platform is delivered with already ready context of data, quickly analyzes infrastructure of the organization and understands, how exactly to process those magazines of audit which the organization already receives from different means of protecting. Exabeam is integrated with almost any SIEM system which is already used at the enterprise.

Exabeam automates work of security experts, provides visualization and the analysis of individual events of security and behavioural anomalies in the form of the finished attack chain. Thereby time of reaction is sharply reduced and attack identification is provided that can appear unnoticed otherwise.

History

2018: Attraction of $50 million investments

The American company Exabeam announced attraction of additional investments within "a round of D" in the amount of $50 million. On this money Exabeam intends to make "a revolution in the market of SIEM", reported the Help Net Security edition on August 15, 2018. Developers claim that their analytical Security Intelligence Platform platform "succeeds where suppliers of the outdated SIEM systems suffer a defeat".

Among key investors the company calls such structures as Lightspeed Venture Partners, Aspect Ventures, Cisco Investmenets, Icon Ventures, Norwest Venture Partners. The individual investor Shlomo Kramer famous for the interest in the sphere of information security also takes part in financing of Exabeam.

Exabeam intends to allocate the raised funds for expansion of the "cloud" portfolio and also increase in a market share around the world.

The SIEM systems (Security information and event management is information security management and response to events in the field of security) around the world show significant growth — by 2019 market turnovers, as expected, will reach $4.54 billion, Help Net Security writes. Until recently this market however was almost entirely divided by a small amount of the suppliers having rather powerful infrastructure to process and analyze huge data arrays from cloud applicaions and mobile devices.

Exabeam with the development of Security Intelligence Platform a few years ago intruded on the SIEM market and showed 300 percent growth in 2016 and 250% of growth in 2017. In 2018, as expected, growth will be not less than 200%. Despite the slowing-down dynamics, growth it is still very big.^[1] the Exabeam System is based on the open technologies connected with processing of Big Data (including Elasticsearch and Hadoop) and machine learning that allows to reveal cyberincidents quickly. Modular system architecture and flexible price policy of the company allow clients to scale and customize a system under themselves, eliminating everything what they do not need. The head of Exabeam Nir Polak already said that his company intends to become "the new market leader of SIEM".

Exabeam gives to the key product definition of next-gen, but in recent years this concept is used more as the marketing term, than as designation of real innovations — Oleg Galushkin, the Chief information security officer of SEC Consult Services company considers. — But in this case the steady interest of the investors specializing in the sphere of information security in developments of the company is observed. It and also the actual growth of its market share and financial performance indicates that the platform offered Exabeam is quite competitive on the general background.

The investment round of D is, as a rule, a final stage of financing of the company receiver of means; by this moment the company already came for self-sufficiency or even profitability and prepares for an exit to the IPO. Whether entry into the exchange plans Exabeam, it is not known yet: the company remains still especially private. The round of D was performed entirely by investors who already invested in the company earlier.

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