Abstract Security

Abstract Security

Verified
Abstract Security offers a platform with an AI-driven assistant to streamline security analytics management. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$34—51m (Dealroom.co estimates Mar 2024.)
San Francisco California (HQ)
  • Edit
Get premium to view all results
DateInvestorsAmountRound
investor

$0.0

round
*

$8.5m

Seed
Total Funding000k

Recent News about Abstract Security

Edit
More about Abstract Securityinfo icon
Edit

Abstract Security is a cutting-edge cybersecurity startup that aims to revolutionize how businesses protect their data and systems. The company operates in the cybersecurity market, focusing on providing advanced security solutions that go beyond traditional Security Information and Event Management (SIEM) systems. Unlike conventional SIEMs, which often require complex programming and engineering skills to extract and analyze data, Abstract Security offers a user-friendly, one-click data lake solution. This allows security teams to efficiently manage and analyze their data without needing extensive technical expertise.

Abstract Security primarily serves enterprise clients, including large corporations and organizations that operate in complex cloud environments. These clients often face significant challenges in managing and securing vast amounts of data from various sources. Abstract Security's platform simplifies this process by offering a privacy-first architecture that ensures data security and scalability, eliminating concerns about vendor lock-in or data loss.

The company's business model revolves around providing a subscription-based service. Clients pay for access to Abstract Security's platform, which includes continuous updates and improvements to detection effectiveness. The platform uses fine-tuned rules and the right data sources to ensure timely and accurate threat detection, significantly reducing the average adversary breakout time, which currently stands at 62 minutes.

Abstract Security generates revenue through these subscription fees, offering different tiers of service based on the specific needs and scale of the client. By focusing on delivering high-value, easy-to-use security solutions, Abstract Security aims to help businesses protect their data more effectively and efficiently.

Keywords: cybersecurity, data lake, privacy-first, enterprise, cloud environments, threat detection, subscription service, scalable, user-friendly, data security.