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Abstract Security raised $15M in a Series A funding round to transform security operations.

PRIVATEOct 28, 2024

Amount Raised

$15 Million

Round Type

Series A

San FranciscoSecurityCyber Security

Investors

AvpCheyenne VenturesRally VenturesCrosslink CapitalMunich Re Ventures

Description

Abstract Security has secured $15 million in an oversubscribed Series A funding round. The company aims to use this investment to enhance and innovate security operations.

Quick answer

Abstract Security raised $15 Million in a Series A round, dated October 28, 2024. Investors: Avp, Cheyenne Ventures, Rally Ventures, Crosslink Capital and Munich Re Ventures. Abstract Security is based in San Francisco, California, United States.

How much did Abstract Security raise?
Abstract Security raised $15 Million in a Series A round on October 28, 2024.
Who invested in Abstract Security?
Avp, Cheyenne Ventures, Rally Ventures, Crosslink Capital and Munich Re Ventures are named as investors in this round.
What does Abstract Security do?
Abstract Security has created a revolutionary platform, equipped with an AI-powered assistant, to better centralize the management of security analytics.
Where is Abstract Security based and how big is it?
Abstract Security is based in San Francisco, California, United States. Fundz records about 68 employees.
Who are the decision-makers at Abstract Security?
Fundz holds 1 contact at Abstract Security. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Abstract Security that raised within 45 days of this round, from Fundz verified event records.

  • Sublime Security raised $60M (Series B) on December 12, 2024.
  • ETHIACK raised $4.2M (Seed) on December 12, 2024.
  • D-Fend Solutions raised $31M (Funding Round) on December 4, 2024.
  • Tuskira raised $29M (Funding Round) on December 4, 2024.
  • Lockchain.ai raised $4.4M on December 2, 2024.
  • AI Spera raised $9M on November 26, 2024.

Who to call at Abstract Security, and when

A new round usually means Abstract Security is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Abstract Security raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Abstract Security, from your own LinkedIn network

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Company Information

Company

Abstract Security

Location

San Francisco, California, United States

About

Abstract Security has created a revolutionary platform, equipped with an AI-powered assistant, to better centralize the management of security analytics. Abstract transcends next-gen SIEM solutions by correlating data in real-time between data streams. As a result, compliance and security data can be leveraged separately to increase detection effectiveness and lower costs.

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Fundz sees it the moment Abstract Security raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Abstract Security raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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