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Cybereason Lays Off 10% of Staff Months After Raising $325M

Security startup Cybereason has laid off 10% of its employees less than a year after raising $325 million. The Boston-based security vendor declined to comment on the number of people laid off or where they were based. The company in July closed a $275 million Series F funding round led by former U.S. Treasury Secretary Steve Mnuchin’s private equity firm and notched a valuation of $3.3 billion. It is the second late-stage security startup to publicly disclose layoffs within months.”]

Source: https://www.govinfosecurity.com/cybereason-lays-off-10-staff-months-after-raising-325m-a-19186

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