CrowdStrike Announces $200 Million Series E Financing Round

CrowdStrike Announces $200 Million Series E Financing Round

by June 20, 2018
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CrowdStrike, a cloud-delivered endpoint protection, announced that the company has executed a financing round of over $200 million, led by General Atlantic, Accel and IVP, with participation from March Capital and CapitalG.

Following this round, the company has achieved a valuation of more than $3 billion.

This round of financing will help CrowdStrike continue to accelerate the global demand for the CrowdStrike Falcon platform, the new standard for endpoint protection. With explosive growth and strong customer and industry validation, CrowdStrike is demonstrating that its pioneering cloud-based approach is the future of endpoint security.

Earlier this year, Gartner positioned CrowdStrike the highest in ability to execute and furthest in completeness of vision in the Visionaries Quadrant of the 2018 Gartner Magic Quadrant for Endpoint Protection Platforms (EPP).

CrowdStrike claims that their AI engine is able to make more than 2.3 million decisions each second, significantly advancing real-time threat protection with speed and accuracy.

In August 2017 the company broadened their footprint in Singapore, India and Northern Asia and appointed  key hires for the Asia Region.

 

Featured image via Pixabay

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