SAN FRANCISCO, CA, Abstract, the pioneer of composable security operations, today announced a $25 million round.
The round was co-led by Cheyenne Ventures and AVP, with additional investment from Olive Hill Ventures and follow-on investment from Crosslink Capital and Rally Ventures. The round brings Abstract's total funding to nearly $50 million following a year in which the company grew annual recurring revenue 380%, reached 264% net revenue retention, and tripled its customer base.
Abstract is the pioneer of composable security operations, a streaming-first platform that simplifies data strategy and speeds detection, investigation, and response. The platform runs detections in stream, routes data to the destinations and schemas teams already use, and brings AI to security operations through Astro AI. Abstract is on the AWS, Microsoft Azure, and Google Cloud marketplaces.
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