Tuesday, June 19, 2018

CrowdStrike Finds $200M More In Series E Funding, Now Valued At $3 Billion

Crowdstrike, the cloud cybersecurity software developer led by George Kurtz, has raised a huge, $200M funding round, which values the company at more than $3 billion. The company--started in Irvine, where most of it operations are, but which now officially says is is headquartered in Sunnyvale--said the funding was led by General Atlantic, Accel and IVP, with participation from March Capital and CapitalG. CrowdStrike said the new funding round will help to continue the "accelerate the global demand" for its Crowdstrike Falcon endpoint protection platform. CrowdStrike did not provide any financials, but said it doubled its revenue and headcount in the past year. CrowdStrike has now raised around $450M in total funding. More information »