Abnormal Security, a San Francisco, CA-based leading AI-based cloud-native email security platform, announced that it closed a $210 million Series C round of financing valued at $4 billion.
The round was led by global software investor Insight Partners, with participation from Greylock Partners and Menlo Ventures.
The fresh funds will use to accelerate AI platform innovation to protect its customers and continue its growth in Europe, Asia, and Japan.
Company: Abnormal Security Corp.
Raised: $210.0M
Round: Series C
Funding Month: May 2022
Lead Investors: Insight Partners
Additional Investors: Greylock Partners and Menlo Ventures
Company Website: https://abnormalsecurity.com/
Software Category: AI-based cloud-native email security platform
About the Company: Abnormal Security provides a leading cloud-native email security platform that leverages AI-based behavioral data science to stop socially-engineered and never-seen-before email attacks that evade traditional secure email gateways (SEGs). Abnormal delivers a fundamentally different approach that precisely detects and protects against the widest range of attacks including business email compromise, phishing, malware, ransomware, social engineering, spam and graymail, supply chain compromise, and internal account compromise. The Abnormal platform delivers inbound email security, internal and external account takeover protection, and full SOC automation. Abnormal’s API-based approach enables customers to get started in minutes and can augment an SEG or be used standalone to enhance native cloud email security protection with Microsoft 365 and Google Workspace. Abnormal Security is based in San Francisco, CA.
Source: https://abnormalsecurity.com/about/news/series-c-funding-4b-valuation