Saam Motamedi’s Post

Abnormal Security is continuing to reach new heights 🚀 Today, we announced the close of $250 million in Series D financing. The combination of strong growth metrics, demand for AI in cybersecurity and strategic business objectives all contributed to the impressive Series D funding and evaluation of $5.1B. Led by Wellington Management, with participation from earlier investors including Greylock, Menlo Ventures, Insight Partners and CrowdStrike Falcon Fund, this latest round of funding will allow Abnormal to continue with our growth ambitions, protecting humans across the world through the power of AI. This funding round is the latest on a streak of milestones we've hit recently – from surpassing $200 million in ARR and growing 100% year over year, to earning the trust of 2,400+ customers, including 17% of the Fortune 500 – all in just five years. Read more: https://lnkd.in/egaT8Ssi #Cybersecurity #AI #Growth #Funding

Abnormal Security is continuing to reach new heights 🚀 Today, we are excited to announce the close of $250 million in Series D financing, at a $5.1 billion valuation. Led by Wellington Management, with participation from earlier investors including Greylock, Menlo Ventures, Insight Partners and CrowdStrike Falcon Fund, this latest round of funding will allow Abnormal to continue with our growth ambitions, protecting even more humans across the world through the power of AI. This funding round is the latest on a streak of milestones we've hit recently – from surpassing $200 million in ARR and growing 100% year over year, to earning the trust of 2,400+ customers, including 17% of the Fortune 500 – all in just five years. Today, Abnormal remains one of the fastest-growing cyber companies ever, and we're still just getting started. Read more: https://lnkd.in/egaT8Ssi #Cybersecurity #AI #Growth #Funding

10 key highlights from SecureLayer7's Q2 Town hall, here is the list: On 21st Nov ’24, the SecureLayer7 staff came together to Reflect, Celebrate, and Plan. Here’s your no-fluff guide to the highlights: Vision, Mission & Values: • We kicked things off by revisiting our core principles – the foundation of everything SecureLayer7 does. Big Business Wins: - New clients onboarded: Think large enterprises 🚀. - Shoutout to the sales team – you’re crushing it! SensFRX Product Updates: - Enhanced fraud detection that’s smarter and faster. - Stories that prove we’re solving real problems, better than ever. BugDazz Innovations: - Features you’ve been waiting for! - What’s next? Expect big moves. HR Highlights: - Welcomed New Faces: More brainpower, more firepower! - Hats off to teammates with new certifications and promotions. Our Pentesters rocks all the time - Ethical Hackers Hack for Hackers: Keeping clients safe, one test at a time. - They trust us, we deliver. Simple. Awards & Recognition: - Our star performers in Q2 walked away with awards. - Kudos to all the MVPs – you make us proud! Why it Matters: - SecureLayer7 is growing fast, innovating faster, and building stronger. This TownHall was about all of us – our team, our clients, and the bigger mission we’re chasing. 👏 Big thanks to everyone for showing up and making it awesome! (PS: What stood out to you? Drop it in the comments!)

On this weeks Dynamic Cyber Duo #linkedIn series, Stephen Lengel and I talk through #Quarter3's #MergersAndAcquisitions. The quarter started off slow but quickly picked up, coming to around 98 deals. We discuss everything from Mimecast and Code42 (acquired by Mimecast) and Aware (now part of Mimecast) to Cisco, Check Point Software, Experian, Kiteworks, and Mastercard. Always a pleasure talking to Stephen! #CTEM #ThreatManagement #ThreatIntel Optiv #CyberPlatforms #SecureData #SecureFileShare #AISecurity #AI #ArtificialInteligence

A good article on how CISOs are spending their budgets, and not surprisingly, Identity is identified as No. 1. NHI is on a lot of minds, but we can't solve the problem in a silo; NHIs are implicitly tied to humans. You need to analyze all your identity data in one place to truly reduce complexity and meet the needed security outcomes without impeding business agility. "The risk of unmanaged NHIs is posing an increasing threat to stability and security, and CISOs are starting to respond to that challenge — but are still paying attention to human identities as the core building block of the modern enterprise." https://lnkd.in/dmCBrnui

Have you heard? 4 Years to $100m, followed by 100% year over year growth achieving $200m in ARR, and now a Series D funding round closed for $250m (led by Wellington Management.) This is a moment for us no doubt. However, the real lasting impact is when we can help so many people protect themselves from the advanced threats that are coming in every day from cyber criminals. I am humbled and so appreciative for being a part of this journey and working with such an amazing team here at Abnormal Security. Go ahead, be human. #cybersecurity #AI #GoaheadBehuman

Abnormal Security continues to change the game in protecting organizations from threat actors using the power of AI. Proud to be part of this team and the value we’ve provided our 2,400+ customers. #cybersecurity #AI

Abnormal Security 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟐𝟓𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐭 $𝟓.𝟏 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 Abnormal Security is a cybersecurity startup dedicated to protecting organizations from the growing menace of targeted email attacks. Abnormal Security's platform leverages behavioral data science and AI to model the unique communication patterns within an organization, enabling it to detect anomalies that may signal potential threats. Abnormal Security has raised $250 million in a Series D round, increasing the company’s valuation to $5.1 billion. The new round was led by Wellington Management with participation from existing investors Greylock Partners, Menlo Ventures, Insight Partners, and the Falcon Fund. In total, Abnormal Security has raised nearly $546 million to date. Abnormal Security, San Francisco, California, United States, was founded in 2018 by Evan Reiser and Sanjay Jeyakumar. In 2022, the company joined the unicorn club. “This funding allows us to further invest in our human behavior AI platform to protect more people across their everyday applications while enabling customers to accelerate their AI initiatives with autonomous AI solutions,” said Abnormal co-founder and Chief Executive Evan Reiser.

Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years. One of the main reasons it’s become the gift that keeps on giving to malicious hackers is that it’s a nightmare for organizations to track. A security startup founded in Tel Aviv called Linx has been quietly building technology using AI and analytics to address this, and, on the back of picking up customers in stealth mode, it’s coming out into the open with $33 million in funding to take on the challenge of identity management more aggressively. Read more from Ingrid Lunden on Linx here: https://tcrn.ch/4cQaQls #TechCrunch #technews #artificialintelligence #startup #founder

Deepfake attacks are becoming a growing threat. In TechRadar Pro, Matt Berzinski, #PingIdentity’s Sr Director of Product Management, shares three smart strategies to help organisations protect both their customers and employees. Check it out: https://ow.ly/UfKT30sJGHl