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Venture Capital News: Abstract Security Closes $15 Million in Oversubscribed Series A Funding

2024-10-28
PALO ALTO, CA, Abstract Security, a pioneer in security data fabric and analytics, announced that it has closed an oversubscribed Series A funding round, raising $15 million.
Abstract Security, a pioneer in security data fabric and analytics, announced that it has closed an oversubscribed Series A funding round, raising $15 million. The round was led by Munich Re Ventures with super pro rata participation from existing investors Crosslink Capital and Rally Ventures.

Abstract Security is redefining enterprise security operations by enhancing cloud visibility, optimizing data streams, reducing costs, and future-proofing SIEM strategies. By eliminating complexity, improving data routing, and delivering advanced data management, Abstract enables organizations to achieve faster, more effective threat detection and response through its comprehensive data fabric, analytics, and data lake offerings.
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