Abstract Security Raises $8.5M in Seed Funding

Abstract Security

Abstract Security, a San Francisco, CA-based provider of a security platform equipped with an AI-powered assistant, raised $8.5M in Seed funding.

The round was led by Crosslink Capital, Rally Ventures and Liquid 2 Ventures.

The company intends to use the funds to expand operations and development efforts.

Co-fouonded by Colby DeRodeff, Ryan Clough, and Aaron Shelmire, Abstract Security has created a platform, equipped with an AI-powered assistant, to better centralize the management of security analytics. It offers SIEM solutions by correlating data in real-time between data streams. As a result, compliance and security data can be leveraged separately to increase detection effectiveness and lower costs – an approach that does not currently exist in the market.