News & Press
The San Francisco Bay Area tech industry raked in $45.9 billion in funding in 2019 — a full 44 percent of the nation’s tech investments — and the city still hosts the world’s deepest tech talent pool. And while some of its larger technology companies continue to draw skepticism from lawmakers, SF techies have a ton of alternative employment options at smaller, mission-driven startups. Take the 50 San Francisco-based startups listed here, for example.
Evan Reiser is different. He’s set his sights set on the old-fashioned dream of building an institution – and left a nice job at Twitter (he has mixed feelings about social media; more on that later) to pursue the dream. “My goal is to be an independent company with thousands of employees,” he told me in a recent interview.
Attackers have begun sending emails impersonating automated notifications from Microsoft Teams to try and steal the access credentials of employees who use the popular collaboration platform while working from home. According to researchers from Abnormal Security, the emails are very convincing-looking, with links that lead to landing pages that are identical to what a user would expect from a legitimate Teams page.
Abnormal Security, the platform that protects large enterprises from the most sophisticated, targeted email attacks, today announced the appointment of Rami Habal to Chief Product Officer. Habal joins Abnormal following the company’s $24M Series A funding led by Greylock Partners and the general availability of its cloud email security platform.
Abnormal Security was founded in 2018, and in November closed a $24 million Series A funding round led by Greylock Partners to better protect enterprises from unknown or targeted email attacks through a combination of identity models, relationship graphs and content analysis.
The San Francisco-based company said a composite analysis of identity, relationships and email content helps stop attacks that lead to account takeover, financial damage and organizational mistrust. Abnormal Security intends to build a state-of-the-art data science and behavioral analysis platform and apply it to email security challenges.
On the other side of the country, a junior member of Greylock’s finance department in Boston had been exchanging email messages with a person he thought was Chandna. The request, which originated from Chandna’s email address, seemed believable enough: Wire $400,000 to a bank account in Singapore.
We are excited to announce that Greylock led a $24M Series A investment in Abnormal Security, a company initiated and incubated in 2018 at Greylock offices. Founded by Evan Reiser and Sanjay Jeyakumar, two exceptional technologists and entrepreneurs, Abnormal is officially launching their product today: a next generation cloud email security platform that leverages data science to protect organizations from sophisticated targeted email attacks.