Press Release

Cooley Advises Softbank on Its $100 Million Investment in Cybereason

July 26, 2017

Palo Alto – July 26, 2017 – Cooley advised Softbank Corp. on its $100 million investment into cybersecurity startup Cybereason, which was announced on June 22. This new financing solidifies Cybereason as the leading cybersecurity startup changing the status quo in the security industry, with 500 percent growth in revenue and nearly 200 percent growth in global employees last year.

Cybereason has raised a total of $189 million since its founding in 2012. SoftBank is the company’s biggest investor and one of its biggest customers and distribution partners.

“SoftBank tested a number of cybersecurity products from all over the world, but Cybereason’s products are by far better than those of their competitors. We strongly believe Cybereason will be one of the global leaders in cybersecurity,” said Ken Miyauchi, president and CEO of SoftBank, in a news release.

Boston-based Cybereason is a leader in endpoint protection, offering endpoint detection and response, next-generation antivirus, and managed monitoring services. The privately held company is headquartered in Boston and also has offices in London, Tel Aviv and Tokyo. It was recently recognized by the Wall Street Journal on its 2017 Technology Companies Watch list.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 900 lawyers across 12 offices in the United States, China and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.