US-based big data security analytics provider Exabeam closed a $25m series B round yesterday backed by Norwest Venture Partners, the venture capital firm managing funds on behalf of bank Wells Fargo.

The round was led by VC firm Icon Ventures and included Aspect Ventures as well as Shlomo Kramer, chairman of cybersecurity firm Imperva.

Exabeam’s software uses user behaviour analysis (UBA) technology to detect anomalies that point to imminent cyberattacks. The company, which was founded in 2013, will use the…