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Abstract Security raised $8.5M in a seed funding round led by Crosslink Capital, Rally Ventures, and Liquid 2 Ventures to forge a complete AI-powered data streaming platform for security.

Mar 26, 2024•over 1 year ago

Amount Raised

$8.5 Million

Round Type

seed

San FranciscoCyber SecuritySecurity

Investors

Liquid 2 VenturesRally VenturesCrosslink Capital

Description

Abstract Security emerged from stealth with an oversubscribed $8.5 million seed funding round led by Crosslink Capital, Rally Ventures, and Liquid 2 Ventures. The platform is designed to centralize the management of security analytics, providing security analysts with more powerful tools, reducing immense compute and storage costs, and bifurcating compliance and security use cases.

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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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers