Undisclosed · Cybersecurity
Abstract raises $25m for streaming security operations
Cheyenne Ventures and AVP co-lead financing after a year of reported revenue and customer growth.
Financing a broader detection and commercial footprint
Cheyenne Ventures and AVP co-led Abstract’s $25m financing, joined by Olive Hill Ventures and existing investors Crosslink Capital and Rally Ventures. Total funding reached nearly $50m.
Abstract reported 380% annual recurring revenue growth, 264% net revenue retention and a tripling of its customer base over the preceding year. The new capital will widen in-stream detection coverage, extend Astro AI across security workflows and expand its go-to-market team.
Funding history
Undisclosed · This round$25M