• Cybereason, a cybersecurity startup providing endpoint security and extended detection and response (XDR) solutions, has secured a USD 50 million extension to its Series F funding round from Google Cloud. Cybereason’s total funding following this round stands at more than USD 713 million.

• The company expects to use the funding to advance its partnership with Google Cloud.

<ul><li>The investment comes on the back of Cybereason’s Series F round of USD 275 million raised in July 2021 and the company’s partnership with Google Cloud in October 2021. The partnership was established to develop the automated cloud-native security solution Cybereason XDR, powered by Google Chronicle. The solution is designed to provide threat hunting and incident response services to defend against cyberattacks correlated across endpoints, networks, containers, apps, profiles, and cloud infrastructure.</ul>

• The company recorded an annual recurring revenue (ARR) of USD 120 million in 2020 and intends to go public in the long term.