Abstract, an AI-driven cybersecurity company, announced raising $25 million in funding to enhance its capabilities in transforming and innovating security operations.
The platform specializes in AI-enabled SecOps, real-time threat intelligence detection, and reducing operational costs with integrations including AWS, Google SecOps, and Microsoft Sentinel.
The funding round includes participation from Crosslink Capital, AVP, and Cheyenne Ventures, and the company aims to further accelerate its growth in providing next-gen security solutions.
They have got a 380% year-over-year ARR growth, 280% increase in new customers and 264% net revenue retention.