From Dealroom · · 50s
Abstract Hires Revenue Chief After $25M Raise
Abstract appoints first revenue chief following $25 million funding round at three times valuation.
In brief
Abstract appoints first revenue chief following $25 million funding round at three times valuation. Cybersecurity startup Abstract hired Jonathan Eller as its first chief revenue officer after a $25 million funding round completed at three times its previous valuation. Originally reported by Dealroom.
New Revenue Chief
Cybersecurity startup Abstract named Jonathan Eller as its first chief revenue officer after $25 million funding round completed in July.
Eller's Background
Eller joins from Concentric AI with over two decades of enterprise cybersecurity experience including leadership roles at CrowdStrike, Proofpoint, and AccessData.
Funding Details
The $25 million round brought Abstract's total funding to nearly $50 million at three times its previous valuation with 380% annual recurring revenue growth and 264% net revenue retention.
The essence
Cybersecurity startup Abstract hired Jonathan Eller as its first chief revenue officer after a $25 million funding round completed at three times its previous valuation.
