The Cisco-backed cybersecurity software producer was valued at $2.4bn in its latest round, which boosted its overall funding to over $390m.

Exabeam, a US-based cybersecurity software developer which counts networking technology provider Cisco as an investor, collected $200m in series F funding yesterday at a $2.4bn valuation.

Alternative asset manager Blue Owl Capital led the round through its Owl Rock subsidiary and was joined by Acrew Capital, Lightspeed Venture Partners and Norwest Venture Partners (NVP).

Founded in 2013, Exabeam has developed cloud-based, cybersecurity software tools used to detect and address cyber threats. Its offering includes software for user and entity behaviour…