Press release

Security Intelligence Leader Exabeam to Open New East Coast Office in Atlanta

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Sponsored by Businesswire

Exabeam,
the Smarter SIEM™ company, today announced that it will establish an
East Coast presence in Midtown Atlanta and create 20 new jobs.

“We are excited that Exabeam has chosen to establish an East Coast
office in Atlanta,” said Georgia Department of Economic Development
Commissioner Pat Wilson. “When innovative companies like Exabeam choose
Georgia it bolsters our status as a hub for international cybersecurity
companies. Exabeam will have access to a highly sophisticated technology
infrastructure, talented workforce and accessibility with regular
non-stop flights to their home base.”

Headquartered in San Mateo, California, Exabeam is a cybersecurity
leader that uses data science and machine learning to help companies
analyze user behavior and pinpoint anomalous malicious activity on the
network.

Founded in 2013, Exabeam has experienced significant year-on-year growth
and raised a total of $115 million in funding to date. The company
recently made Business Insider’s 30
Cybersecurity Startups that Will Blow up in 2019
list, and was
ranked No. 12 overall and No. 1 in security on Inc. Magazine’s 37th
annual Inc.
5000
, as well as No. 8 on the Wall Street Journal’s Tech
Companies to Watch in 2018
.

The Atlanta office is considered a major strategic step in the company’s
expansion plans, with executive leadership drawn to the city’s top
universities for prospective hires and burgeoning tech scene. Exabeam
currently has 15 employees in metro Atlanta but will consolidate the
team to one centralized office in the City of Atlanta, with plans to
more than double the size of the team over the next few years.

“Atlanta is a city on the rise—with its diverse population,
technological talent, research universities and affordable cost of
living. It was the right choice for investment,” said Manish Sarin,
Exabeam CFO. “Just last year, Atlanta was declared the third fastest
growing city in the U.S., and we are excited to be a part of the
technology renaissance happening throughout the region with the opening
of our Midtown location.”

“With insider threats increasing and external adversary attacks always
evolving, it is critical that Exabeam hires top talent to support our
customers’ security operations teams and keep our SIEM technology on the
cutting edge. By expanding into Atlanta, we are not only setting up a
hub closer to our East Coast and European customers but are gaining
access to a diverse, highly-qualified pool of candidates,” said Nir
Polak, CEO of Exabeam. “We plan to immediately begin recruitment from
the top technology programs and historically black colleges throughout
the state. We look forward to building out our latest world-class team
in Atlanta.”

Polak and Sarin celebrated with a ribbon cutting event at the Proscenium
building in Midtown Atlanta this morning.

“Cybersecurity is one of metro Atlanta’s industry sectors where we’re
leading the way with capacity and innovation,” said Hala Moddelmog,
president and CEO of the Metro Atlanta Chamber. “Exabeam is a welcome
addition to our region’s portfolio of industry-changing companies that
are helping to redefine the way businesses protect themselves and their
customers in the ever-evolving data-driven market.”

Georgia Department of Economic Development (GDEcD) Senior Project
Manager Randall Toussaint represented the Global Commerce Division in
partnership with the Metro Atlanta Chamber and Georgia Power.

About Exabeam

Exabeam is the Smarter SIEM™ company. We empower enterprises to detect,
investigate and respond to cyberattacks more efficiently so their
security operations and insider threat teams can work smarter. Security
organizations no longer have to live with excessive logging fees, missed
distributed attacks and unknown threats, or manual investigations and
remediation. With the Exabeam Security Management Platform, analysts can
collect unlimited log data, use behavioral analytics to detect attacks,
and automate incident response, both on-premises or in the cloud.
Exabeam Smart Timelines, sequences of user and device behavior created
using machine learning, further reduce the time and specialization
required to detect attacker tactics, techniques and procedures. For more
information, visit www.exabeam.com.