Security firm Exabeam Inc. has raised $30 million in a late-stage funding round led by Lightspeed Venture Partners and Cisco Investments.

The Series C round also included existing investors Norwest Venture Partners, Aspect Ventures, Icon Ventures and Shlomo Kramer. As part of the deal, Lightspeed’s Ravi Mhatre will join Exabeam’s board.

Founded in 2013, Exabeam provides security intelligence and management solutions to assist organizations to protect their most valuable information. The company’s Security Intelligence Platform, most recently updated in January, uses machine learning to deliver advanced analytics and automated incident responses while offering set pricing for unlimited data, versus others in the market that offer their services based on data volume.

Exabeam says its use of big data security analytics allows information technology security teams to more quickly detect and respond to cyberattacks and insider threats in real time by unlocking the potential of existing security information and event management, known as SIEM, and log management data repositories. On the other side of its threat detection capabilities is Exabeam’s security forensic tools that allow enterprises to analyze an attack after it has happened.

That mix of product seems to be delivering for Exabeam, with the company claiming that in 2016 it almost tripled sales over the year before, including new enterprise customers in financial services, retail, energy, healthcare and government.

Including the new round, Exabeam has raised $65 million over three rounds to date.

Image courtesy of Exabeam