SIEM
Abstract raises 25 million dollars: security platform reports 380 percent ARR growth
Abstract, a security operations company founded in 2023 and led by CEO Colby DeRodeff, has raised 25 million dollars, bringing total funding to nearly 50 million dollars. The company reports 380 percent year-on-year growth in annual recurring revenue and 264 percent net revenue retention, and says its valuation tripled from the prior round.