Security Experts:

CrowdStrike Raises $30 Million

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. 

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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.