Abnormal Security Raises $210 Million Series C, Reaches $4 Billion Valuation

San Francisco – May 10, 2022 – Cooley advised Abnormal Security, a leading artificial intelligence-based cloud-native email security platform, on its $210 million Series C financing round, which brings the company’s valuation to $4 billion. Lawyers Josh Seidenfeld, Nan Yang, Rachel Lydon and Kaavya Gowda led the Cooley team advising Abnormal Security.

The financing round was led by Insight Partners, with participation from Greylock Partners and Menlo Ventures, and builds upon a record-setting year for Abnormal Security that included tripling its annual recurring revenue, doubling its employee headcount and unveiling its next-generation Integrated Cloud Email Security platform.

“The current investment will allow us to accelerate our AI platform innovation to better protect our customers and continue our growth in Europe, Asia and Japan,” Evan Reiser, CEO and co-founder of Abnormal Security, said in a press release.

Based in San Francisco, Abnormal Security leverages AI-based behavioral data science to stop socially engineered and never-seen-before email attacks that evade traditional secure email gateways. Abnormal Security precisely detects and protects against the widest range of attacks, including phishing, malware, ransomware, social engineering, spam and graymail, and supply chain, business email and internal account compromise. The company’s platform delivers inbound email security, internal and external account takeover protection, and full security operations center automation.

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Related Contacts
Josh Seidenfeld  Partner Palo Alto
Nan Yang  Associate Palo Alto
Rachel Lydon  Associate Palo Alto
Kaavya Gowda  Associate Palo Alto
Howard Morse  Partner Washington, DC
Sharon Connaughton  Special Counsel Washington, DC
Amanda A. Main  Partner Palo Alto
Angela Dunning  Partner Palo Alto
Joshua Elefant  Associate Palo Alto
John Sellers  Partner Palo Alto
Blake Martell  Partner San Francisco
Bryan Berman  Associate Colorado
Jean Park  Partner New York
Liza Cotter  Associate New York
Jess Hutto-Schultz  Associate Washington, DC
Lei Shen  Partner Chicago
Mika Reiner Mayer  Partner Palo Alto
Christopher Kimball  Partner Washington, DC
Kimberly Nguyen  Special Counsel Reston
John Paul Oleksiuk  Partner New York, Los Angeles
Related Practices & Industries

Emerging Companies  Venture Capital  Cybersecurity