The Wiretap: AI Security Company Abnormal Scores $5 Billion Valuation

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The Wiretap: AI Security Company Abnormal Scores $5 Billion Valuation - Forbes

Quick Summary:

The startup’s growth has been rapid in recent years: it says that it’s scored 100% year-over-year increases in annual recurring revenue, which is currently over $200 million.

The fallout from the CrowdStrike outages that led to flights being canceled and hospitals having to cancel appointments continues to manifest itself in various ways.

Reiser and CTO Sanjay Jeyakumar previously sold their adtech company TellApart to Twitter for $479 million in 2015 before pivoting into security in 2018.