CNBC August 6, 2024
Key Points
– Cybersecurity company Abnormal Security announced Tuesday it has raised $250 million in a Series D funding round that values the firm at $5.1 billion.
– The round is being led by Wellington Management and includes existing investors Greylock Partners, Menlo Ventures, Insight Partners, as well as the venture arm of CrowdStrike.
– “The timing to go public will depend on when market conditions create a favorable opportunity for us,” co-founder and CEO Evan Reiser told CNBC.
Cybersecurity company Abnormal Security said Tuesday it has raised $250 million in a Series D funding round that values the firm at $5.1 billion.
Abnormal’s latest funding round is being led by Wellington Management and includes existing investors Greylock Partners, Menlo...
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