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.
Abnormal's latest funding 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.Launched in 2018 by two software architects and founders of Twitter-acquired TellApart, Abnormal doubled in size and crossed more than $200 million in annualized revenue over the last year.
It has also made several strategic hires, potentially moving towards an IPO. Last year, Michael DeCesare, a former CEO at Exabeam and Forescout Technology, was brought on board as president, focusing on go-to-market jobs across departments.
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