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Cloud

6/19/2018
11:35 AM
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CrowdStrike Secures $200M Funding Round

The new funding round brings the company's valuation to more than $3 billion.

CrowdStrike has completed a $200 million-plus financing round, bringing the total valuation of the company to more than $3 billion.

The round, led by General Atlantic, Accel, and IVP, with participation from March Capital and CapitalG, will be used to help CrowdStrike market its Falcon platform.

The CrowdStrike Falcon platform is a cloud-delivered endpoint protection service that includes 20% of the Fortune 500 among its customers. According to the company, Falcon processes more than 100 billion security events per day.

For more, read here and here.

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EdwardThirlwall
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EdwardThirlwall,
User Rank: Moderator
7/14/2018 | 12:55:41 AM
hi
Every little bit counts and it is usually much easier than we would have expected when we deal with a crowd to raise funds. Every individual contributes a small amount and the eventual results would be overwhelming. This is the reason why crowd funding is so popular as it sometimes exceeds our expectations. This is highly useful when we would need a certain amount over only a short period of time.
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