Abnormal Security bags $24m Series A led by Greylock

Abnormal Security has bagged $24m in its Series A round which was led by Greylock Partners.

In addition to the close of the round, the company has made its cloud email security platform available to all.

Businesses can utilise Abnormal Security to defend themselves from targeted email attacks, including unknown threats, preventing account takeover, financial damage and organizational mistrust.

Through data science and behavioural analysis, the technology build profiles of employees and third parties.

In a joint statement, Greylock partners Asheem Chandna and Saam Motamedi said, “Despite extensive investment into the email security stack, socially-engineered email attacks continue to cost organizations billions of dollars annually in reported losses.

“The most sophisticated attacks bypass existing secure email gateways, requiring a fundamentally new technical approach. Abnormal Security continues our tradition of partnering with exceptional entrepreneurs to help solve problems that represent large market opportunities.”

Earlier in the month, Greylock led a $30m Series B of PropTech platform Ribbon, which had also secured $300m in debt from Goldman Sachs.

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