Abstract Raises $25 Million to Expand Composable Security Operations Platform
Composable security operations provider Abstract Security announced on Thursday that it raised $25 million in a new funding round to accelerate development of its streaming-first security operations platform.
The round brings Abstract’s total funding to nearly $50 million, and the company said its valuation has tripled since its prior round, though it did not disclose specific dollar figures.
The new capital will be used to widen the platform’s in-stream detection coverage, extend capabilities across the security operations workflow, and grow the company’s go-to-market team.
Cheyenne Ventures and AVP co-led the round, with additional investment from Olive Hill Ventures, Crosslink Capital, and Rally Ventures.
The Abstract platform is built around what the company calls composable security operations, an architectural approach that separates the source of security data from its destination.
The idea is to let organizations mix and match components of their security stack (including collection, detection, retention, and AI-enabled operations)...
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