Abnormal Security, an AI-powered cybersecurity startup, is reportedly set to be valued at $5 billion in a new funding round, marking a significant increase from its previous valuation. What Happened: The startup, which uses AI to protect users from cyber threats across email and apps, is on the verge of securing a valuation of $5 billion in its latest funding round, Business Insider reported, citing two sources familiar with the deal. The funding round is expected to be led byInsight Partners, with participation from Greylock Partners, Menlo Ventures, and The Syndicate Group. The company’s val…
