Cybereason
- 🦄Became a unicorn2019
- 📈Peak valuation$3.3 Billion ’21
- 💔Became a Unitard2023
- 💸Last valuation~$297M
The rise & fall
6 moments · 2012–2025The key moments.
How it happened
Cybereason, an endpoint-security firm founded by Israeli ex-intelligence operatives and run from Boston, was a SoftBank-backed darling that reached a $3.3B valuation in July 2021 and openly prepared for a roughly $5B IPO. The 2022 downturn upended those plans: it scrapped the IPO, hunted for a buyer and laid off staff in repeated rounds.
In April 2023 it raised a SoftBank-led round that slashed its valuation more than 90% to about $300M, stripping its unicorn status, and the once-soaring company was later folded into LevelBlue.
Glassdoor reviews turned sharper after 2021, with reviewers citing sales-culture and leadership problems as ratings fell from the mid-fours toward three.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.
Source: Axios / Calcalist / Crunchbase ($3.3B valuation July 2021 with Liberty Strategic Capital; >90% down round to ~$300M April 2023 via SoftBank, CEO replaced; scrapped ~$5B IPO; later acquired by LevelBlue)
Founders
Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.
Disclosed investors (12)
Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.
* Lead in a funding round · Crunchbase ↗ · 2026-10-13 · Methodology · Leaderboard
