Cybersecurity giant CrowdStrike (NASDAQ: CRWD) announced plans on Thursday to acquire identity security startup SGNL in its latest acquisition to expand its capabilities.
The deal is valued at $740 million, which will be paid predominantly in cash, a CrowdStrike spokesperson told SecurityWeek.
Founded in 2021, Palo Alto, California-based SGNL has built an “identity-first” security solution that protects organizations’ assets by eliminating static credentials and providing real-time automated access decisions.
CrowdStrike says the acquisition will enable access for human, non-human (NHI), and AI identities to be continuously granted and revoked based on real-time risk and ensure that all stakeholders – such as employees, contractors, and partners – are provided with the right access at the right time.
“AI agents operate with superhuman speed and access, making every agent a privileged identity that must be protected,” said George Kurtz, CEO and founder of CrowdStrike. “With SGNL, CrowdStrike will deliver continuous, real-time access control that eliminates the known and unknown gaps from legacy standing privileges.”
SGNL has raised $42 million in funding, including a $30 million Series A round in February 2025.
In July 2025, CrowdStrike rival Palo Alto Networks announced its plan to acquire identity management firm CyberArk for $25 billion, marking its formal entry into identity security.
According to market research firm IDC, the identity security market is expected to grow from approximately $29 billion in 2025 to $56 billion by 2029.
The deal is expected to close during CrowdStrike’s first quarter of FY’27, subject to customary closing conditions and regulatory clearances.
SecurityWeek has cataloged more than 420 M&A deals in 2025, including eight that topped $1 billion.
Related: CrowdStrike to Acquire Pangea to Launch AI Detection and Response (AIDR)
Related: Palo Alto Networks to Acquire CyberArk for $25 Billion
Related: Cybersecurity M&A Roundup: 30 Deals Announced in December 2025
