2 days ago · The chief executive officer of Cybereason Inc. sued two investors — former Treasury Secretary Steven Mnuchin and the SoftBank Vision Fund — accusing them of putting the company at risk of ...

1 day ago · The chief executive officer of Cybereason Inc. sued two investors — former Treasury Secretary Steven Mnuchin and the SoftBank Vision Fund — accusing them of putting the company at risk of ...

1 day ago · The CEO of Cybereason, a cybersecurity firm once valued in the billions, has sued two of its biggest investors—former U.S. Treasury Secretary Steven Mnuchin and SoftBank’s Vision Fund—accusing them of deliberately obstructing crucial financing to push the company toward bankruptcy. ... (6.6% stake), and SoftBank Vision Fund (20%) have ...

15 hours ago · Gan and his family office own about 6.8% of Cybereason's shares, while Liberty Strategic Capital owns about 6.6%, and SoftBank Vision Fund owns about 20%, according to the lawsuit. SoftBank Vision Fund is a segment of SoftBank Group, which Gan said owns about 31% of Cybereason’s outstanding stock.

21 hours ago · However, Cybereason Chairman and CEO Eric Gan now reportedly is suing his company’s top two investors – SoftBank Vision Fund (SVF) and former Steven Mnuchin, the U.S. Treasury secretary during President Trump’s first term – and accusing them of driving the Boston-based vendor to the brink of Chapter 11 bankruptcy.

2 days ago · Bloomberg: Cybereason CEO Eric Gan sues investors Steven Mnuchin and SoftBank Vision Fund, alleging they put Cybereason at risk of bankruptcy by blocking fundraising plans. Open Links In New Tab. Mobile Archives Advertise. February 11, 2025, 1:20 AM. Enter Techmeme snapshot date and time:

1 day ago · The involvement of high-profile investors such as Mnuchin and the SoftBank Vision Fund was initially perceived as a vote of confidence in Cybereason's technology and market potential.

The company has a debt with JPMorgan Chase due March 11 and needs to raise $150 million. Both Mnuchin and SoftBank denied the claims and vowed to defend themselves. In a surprising turn of events, Cybereason CEO Eric Gan has filed a lawsuit against former Treasury Secretary Steven Mnuchin and SoftBank Vision Fund.

Fund: SVF2 | Status: Private | Sector: Enterprise | Region: Americas Cybereason: Vision Fund Portfolio Cybereason is ending cyber attacks on the endpoint and across the enterprise.

California-headquartered Cybereason, once valued at $5 billion, is a global company that reports serving 2,000 enterprises. According to the suit, the business will run out of cash on Feb. 17.