Abnormal Security, an email security firm, announced raising $250 million in a Series D funding round, bringing the company’s valuation to $5.1 billion. This round was led by Wellington Management, with participation from Greylock Partners, Menlo Ventures, Insight Partners, and CrowdStrike Falcon Fund. The new funding raises Abnormal’s total investment to $546 million.
The company’s AI-native human behavior security platform is designed to detect and block attacks on email accounts and popular SaaS applications, such as Microsoft 365, Google Workspace, and Slack. Abnormal provides capabilities like inbound email security, account takeover protection, and security posture management for email, SaaS applications, and cloud infrastructure.
Abnormal Security claims to have surpassed $200 million in annual recurring revenue within five years. Over 2,400 organizations, including 17% of the Fortune 500, are reportedly using the company’s solutions to protect against threats targeting their email systems and SaaS applications.
According to Evan Reiser, CEO and co-founder of Abnormal Security, the new funding will help further develop the company’s AI platform to protect more people and support customers’ AI initiatives. Abnormal remains committed to expanding its human behavior security products to safeguard everyday applications.
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