Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Abnormal Security, a cybersecurity startup specializing in AI-driven email threat detection, has raised $250 million in Series D financing. The funding round, led by Wellington Management, values the company at $5.1 billion. This marks a significant increase from its $4 billion valuation after raising $210 million in May 2022. The Series D round also saw participation from Greylock Partners, Menlo Ventures, Insight Partners, and CrowdStrike Falcon Fund. Abnormal Security plans to use the funds to enhance its AI-native cybersecurity platform and is preparing for a potential public listing next year. According to Chris Metinko from Crunchbase News, the fundraising in cyber remains hot after a cool 2023.
The Wiretap: AI Security Company Abnormal Scores $5 Billion Valuation https://t.co/LPtn2QBlZp
Abnormal Security is continuing to reach new heights š as we announce today the close of our $250M Series D. Led by @Wellington_Mgmt, plus @GreylockVC, @MenloVentures, @insightpartners and @CrowdStrike Falcon Fund, Abnormal is now valued at $5.1B. https://t.co/8r6pzK6YSS
Congratulations to @AbnormalSec on raising a $250M Series D financingĀ at a $5.1B valuation, led by Wellington Management. Abnormal's built the world's first AI-native cybersecurity platform that leverages AI to protect organizations most important vulnerability: human behavior,ā¦
