Wednesday 21 August 2019

Cybersecurity firm CrowdStrike raises $200m

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CrowdStrike said it has raised $200m (€173m) in the latest round of funding, putting the cloud-based cybersecurity company’s valuation at more than $3bn.

Leveraging on artificial intelligence, CrowdStrike’s Falcon platform prevents attacks on endpoints - which is a desktop or a server - on or off the network.

The series E round of financing was led by General Atlantic, Accel and IVP, with participation from existing investors CapitalG, an investment arm of Google’s parent company Alphabet Inc, and March Capital, CrowdStrike said.

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