Abnormal Security, a San Francisco, CA-based cybersecurity company specializing in AI-native human behavior security, has closed $250 million in Series D funding at a $5.1 billion valuation.
Investors
The round was led by Wellington Management, with participation from Greylock Partners, Menlo Ventures, Insight Partners, and CrowdStrike Falcon Fund. This brings the total expected proceeds to $546 million.
Founded in 1928, Wellington Management Company is a Boston-based investment management firm serving high-net-worth individuals, institutions, and organizations. It invests in growth and value stocks across small-cap, mid-cap, and large-cap companies and manages equity, fixed income, balanced mutual funds, and hedge funds.
Abnormal Security Use of Funds
The company will use the funding to advance its mission of protecting individuals from cybercrime through AI-driven insights into human behavior.
About Abnormal Security
Abnormal Security provides an AI-native human behavior security platform that leverages machine learning to stop sophisticated inbound attacks and detect compromised accounts across email and connected applications. The anomaly detection engine uses identity and context to understand human behavior and analyze the risk of every cloud email event—detecting and stopping sophisticated, socially engineered attacks that exploit human vulnerabilities.
Funding Details
Company: Abnormal Security Corp.
Raised: $250.0M
Round: Series D
Funding Month: August 2024
Lead Investors: Wellington Management
Additional Investors: Greylock Partners, Menlo Ventures, Insight Partners, CrowdStrike Falcon Fund
Company Website: https://abnormalsecurity.com/
Software Category: Cybersecurity
Source: https://www.businesswire.com/news/home/20240806031539/en