Abnormal Security Announces $250 Million Series D at a $5.1 Billion Valuation
Palo Alto – August 6, 2024 – Cooley advised Abnormal Security, the leader in AI-native human behavior security, on its $250 million Series D financing at a $5.1 billion valuation. The current funding round brings Abnormal’s total expected proceeds to $546 million and is led by Wellington Management, with participation from existing investors Greylock Partners, Menlo Ventures, Insight Partners and CrowdStrike Falcon Fund. Abnormal will use the proceeds from the financing to continue its mission of protecting humans from cybercrime through the power of artificial intelligence, understanding human behavior to detect and prevent today’s most dangerous socially engineered attacks.
Partner Josh Seidenfeld led the Cooley team advising Abnormal.
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