Exabeam

Exabeam

Cloud-based cybersecurity platform for threat detection

About

Exabeam provides a cloud-based security operations platform that focuses on threat detection, investigation, and response (TDIR). The platform utilizes artificial intelligence and machine learning to automate the TDIR process, allowing businesses to quickly identify and address security threats, especially those dealing with large volumes of data. A key feature of Exabeam's offering is its Security Information and Event Management (SIEM) system, which analyzes security alerts in real-time and can either replace or enhance existing SIEM solutions. Additionally, the platform incorporates behavioral analytics to detect unusual activities that may signal security risks. Exabeam targets businesses across various industries, particularly those managing sensitive information, such as financial and healthcare sectors. The company generates revenue through subscription sales for its platform, with pricing based on the size of the business and the data volume needing protection.

Company Stage

Series F

Employees

501-1,000

Industries

Cybersecurity, AI & Machine Learning

Total Funding

$379.4M

Headquarters

N/A

Founded

2013


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Simplify's Take

What believers are saying

  • The merger with LogRhythm positions Exabeam as a leading cybersecurity vendor with enhanced R&D and product innovation capabilities.
  • Exabeam's AI-driven platform offers businesses faster and more efficient threat detection and response, which is crucial for handling large amounts of sensitive data.
  • Being named a leader in the Gartner Magic Quadrant for the fifth time boosts Exabeam's credibility and attractiveness to potential clients and employees.

What critics are saying

  • The integration process with LogRhythm could face challenges, potentially disrupting operations and innovation.
  • The competitive cybersecurity market, with giants like Cisco and Palo Alto Networks, could pressure Exabeam to continuously innovate to maintain its market position.

What makes Exabeam unique

  • Exabeam's integration of AI and machine learning for threat detection, investigation, and response (TDIR) sets it apart from traditional SIEM solutions.
  • The merger with LogRhythm enhances Exabeam's capabilities, combining SIEM and UEBA strengths to offer a comprehensive, AI-driven security operations platform.
  • Exabeam's consistent recognition in the Gartner Magic Quadrant for SIEM underscores its leadership and innovation in the cybersecurity market.

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Growth & Insights
Headcount

6 month growth

33%

1 year growth

19%

2 year growth

25%

Benefits

Competitive health packages to keep you in tip-top shape

Life insurance

Pre-tax Flexible Spending Accounts, 401(k)

Parental leave

Wellness and education

Flexible vacation

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