ArcSight veteran Colby DeRodeff raises $25 million for Abstract's composable SIEM
Cheyenne Ventures and AVP co-led the round as Abstract cited 380% ARR growth without disclosing its revenue base or dollar valuation.
By Ryan Merket · Published
Primary source: PR Newswire
Why it matters
Abstract's round puts fresh capital behind a modular alternative to monolithic SIEMs. Its reported retention is strong, but undisclosed revenue and customer totals leave the scale of adoption unclear.
Colby DeRodeff, an ArcSight veteran who later co-founded threat intelligence vendor Anomali, has raised $25 million for Abstract, his three-year-old attempt to rebuild security operations around streaming data rather than a single destination for every log.…
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