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11/7/2018
09:00 AM
Jai Vijayan
Jai Vijayan
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20 Cybersecurity Firms to Watch

A look at some of the more interesting investments, acquisitions, and strategic moves in the security sector over the past year.
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CrowdStrike

Revenues: N/A
Market Valuation: $3 billion

CrowdStrike, the security industry's favorite authority on Russian hackers, is rumored to be preparing for an IPO sometime in the first half of 2019. The firm has hired investment bank Goldman Sachs to help, according to Reuters. Reports of the rumored initial public offering follow a $200 million financing round in June led by Accel, General Atlantic, and IVP that valued the firm at $3 billion.

Founded in 2011, CrowdStrike is considered among the leaders in the endpoint security space. In June the company introduced a new breach prevention warranty under which it is offering up to $1 million to customers that experience a data breach in any environment protected by its endpoint protection technology. The company says the warranty is the first to cover breach response costs, as well. CrowdStrike earlier this year said it experienced 140% year-over-year growth in annual revenues, but the vendor has not disclosed an actual amount.

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