Register for The Paypers news Follow The Paypers on LinkedIn! Follow The Paypers on Twitter! Follow The Paypers on Facebook! Follow The Paypers on Google+!
The Paypers, paypers, Insight in payments, News, Reports, Events
Digital Identity, Security & Online Fraud

CrowdStrike raises USD 100 million to fight cyberattacks

Thursday 18 May 2017 | 11:05 AM CET

CrowdStrike, a digital security provider has raised USD 100 million in capital to fight data breaches and cyberattacks.

Accel, a venture capital company, led the new round. Other participants include investors like CapitalG, an arm of Google’s parent company, and Warburg Pincus, a private equity company; all three companies have previously invested in the security company. Among new investor companies that took part in the funding round, we name March Capital Partners and Telstra, a telecommunications provider in Australia.

CrowdStrike provides endpoint protection, threat intelligence and incident response through cloud-based endpoint protection and has aided the Democratic National Committee in its response to what is believed to be interference by Russia, according to New York Times.

The new round of money comes as the six-year-old company undergoes rapid growth, the online publication continues. CrowdStrike said subscriptions had grown 476% in 2016.

Print | Contact editor | Mail
© 2017 The Paypers
More: Abstract | Link