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Procurement orchestration platform ZipHQ announced today the completion of a $190 million Series D funding round, bringing its valuation to $2.2 billion. The funding was led by BOND Capital, with follow-on investments from DST Global, Adams Street Partners, and Alkeon Capital, while existing investors Y Combinator and Charles River Ventures also participated. Founded in 2020, Zip is redefining enterprise procurement flows using AI.

San Francisco-based cybersecurity startup Abnormal Security announced that it has raised $250 million in a Series D funding round, bringing its total funding to $546 million and its valuation to $5.1 billion. The funds will be used to expand its AI-based cybersecurity platform, accelerate global growth, and boost product investment, particularly enhancing its AI decision-making capabilities. Abnormal Security focuses on providing AI-driven security solutions to help enterprises and organizations defend against various email attacks.