CrowdStrike, a security firm focused detection and mitigation of targeted attacks, today announced that it has raised $30 million in Series B financing, bringing the total raised by the Irvine, California-based company to $56 million.
The company said it would use the new cash to enhance its big data analytics and security intelligence and support an aggressive go-to-market strategy in the next-generation threat protection space.
The company recently introduced “CrowdStrike Falcon”, a technology platform that leverages big data to help detect zero-day targeted attacks and discover advanced malware that may be hiding within enterprise networks.
CrowdStrike describes Falcon as an “Active Defense platform” that provides real-time detection, attribution, a range of response actions, and intelligence dissemination capabilities.
The Falcon Platform leverages a global network of host- based detection sensors driven by cyber threat intelligence to provide rapid detection and prevention capabilities to enterprises and governments worldwide. The company said that it currently tracks 40+ threat actors around the world, including state-sponsored adversaries, and infuses this intelligence in its technology solutions.
CrowdStrike said demand for its services from enterprise and government customers has bookings currently growing at roughly 250 percent over the prior six months.
The Series B round was led by Accel Partners and included founding investor Warburg Pincus. Sameer Gandhi, Partner, Accel Partners, will join the board of directors.
For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.
More from Mike Lennon
- Ferrari Says Ransomware Attack Exposed Customer Data
- Webinar Today: How to Build Resilience Against Emerging Cyber Threats
- Make Your Picks: Cyber Madness Bracket Challenge Starts Today
- Cyber Madness Bracket Challenge – Register to Play
- Watch Sessions: Ransomware Resilience & Recovery Summit
- Webinar Today: Entering the Cloud Native Security Era
- White House Releases National Cybersecurity Strategy
- Watch on Demand: Attack Surface Management Summit
Latest News
- Ferrari Says Ransomware Attack Exposed Customer Data
- Aembit Scores $16.6M Seed Funding for Workload IAM Technology
- Millions Stolen in Hack at Cryptocurrency ATM Manufacturer General Bytes
- Waterfall Security, TXOne Networks Launch New OT Security Appliances
- Hitachi Energy Blames Data Breach on Zero-Day as Ransomware Gang Threatens Firm
- NBA Notifying Individuals of Data Breach at Mailing Services Provider
- Adobe Acrobat Sign Abused to Distribute Malware
- New York Man Arrested for Running BreachForums Cybercrime Website
