Security News > 2020 > November > Abnormal Security raises $50M to double the size of its machine learning and data science teams

Abnormal is disrupting the market by using AI to reinvent email security.

The company is using the new funding to double the size of its machine learning and data science teams to further extend Abnormal's lead as the most effective AI threat detection engine for enterprise email security.

"Abnormal's AI-powered detection has autonomously stopped incredibly sophisticated attacks," said Mike Britton, Chief Security and Privacy Officer of Alliance Data.

"We were blown away by the positive feedback from Fortune 500 customers using Abnormal Security to protect their organizations from the most sophisticated email attacks," said Venky Ganesan, an active cybersecurity investor and partner at Menlo Ventures.

According to Abnormal Security research, BEC attack volume increased 15% from Q2 to Q3 2020.

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