Close
Close

Published

CrowdStrike hits unicorn status, plans on taking cybersecurity top spot

  CrowdStrike’s rise to unicorn status, a valuation above $1 billion, has been built on several high-profile security cases that helped attract investment from major tech players including Google. This unicorn milestone came as part of a Series C funding round in July 2015, which raised $100 million. Investors were attracted by CrowdStrike’s Falcon software platform, designed to stop breaches by combining antivirus, endpoint detection and response, and proactive hunting to seek out potential sources of threats rather than waiting for attacks to occur. Founded in 2011, and headquartered in Sunnyvale, California, the company has now raised a total $281 million, and has overcome a temporary setback to its reputation. This was when it was found to have concluded too…

Close