Cybereason
Mellen said Cybereason is a top XDR provider. This month, Cybereason reportedly filed for an initial public offering (IPO) at a valuation of $5 billion. Rik Turner, principal analyst at Omdia, said Cybereason has been threatening to file for an IPO for some time. In a sense, it’s playing catch-up. Its two most high-profile competitors in EDR are already public. CrowdStrike has been public since 2019 and SentinelOne went public last summer.
In December, Cybereason and Google Cloud unveiled Cybereason XDR powered by Google Chronicle. The AI-driven XDR platform is capable of ingesting and analyzing threat data from across the entire IT environment.
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