Security start-up Cybereason raises $200 million from Japan's SoftBank

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Security start-up Cybereason raises $200 million from Japan's SoftBank
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Boston-based security start-up Cybereason said Tuesday it raised $200 million in fresh funds from Japan's SoftBank Group Corp and its affiliates.

Boston-based online security start-up Cybereason said Tuesday it raised $200 million in fresh funds from Japan's SoftBank Group Corp and its affiliates.

The new funds will be used to "grow our global expansion with our partner community," Lior Div, CEO and co-founder of Cybereason, told CNBC.Boston-based online security start-up Cybereason said on Tuesday it raised $200 million in fresh funds from Japan'sThat brings the total amount of funds the start-up raised to $400 million since it was founded in 2012. Other backers include Lockheed Martin, CRV and Spark Capital. Cybereason did not disclose its valuation.

Div added that Cybereason would also invest in research and development, and look at potential acquisition opportunities in order to stay "one step ahead of hackers."

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