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CrowdStrike is an Austin, Texas-based cybersecurity technology company that provides cloud-native endpoint protection, threat intelligence, and incident response services to large enterprise and government organizations. The organization operates a subscription-based software-as-a-service business model centered around its flagship Falcon platform, which is designed to identify and neutralize advanced cyber attackers in real time. After securing $26 million in initial Series A funding from lead investor Warburg Pincus, the enterprise gained early industry recognition by appearing on the MIT Tech Review list of disruptive companies. The security provider subsequently completed a 2019 initial public offering on the Nasdaq exchange at an approximate valuation of $6.6 billion, a figure which has since grown to a market capitalization exceeding $65 billion. CrowdStrike was originally founded in February 2012 by George Kurtz, Dmitri Alperovitch, and Gregg Marston.
CrowdStrike has raised $456.0M across 5 funding rounds.
Key people at CrowdStrike.
CrowdStrike was founded in 2011 by George Kurtz (CEO and founder).
CrowdStrike has raised $456.0M in total across 5 funding rounds.
CrowdStrike has raised $456.0M across 5 funding rounds. Most recently, it raised $200.0M Series E in June 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2018 | $200M Series E | Accel, General Atlantic, IVP | Andreessen Horowitz, Greycroft, Inovia Capital, March Capital, Telstra Ventures, CapitalG | Announced |
| May 1, 2017 | $100M Series D | Accel | Greycroft, Inovia Capital, March Capital, Sierra Ventures, Telstra Ventures, Gene Frantz, Warburg Pincus | Announced |
| Jul 1, 2015 | $100M Series C | Gene Frantz | Accel, Greycroft, Inovia Capital | Announced |
| Sep 1, 2013 | $30M Series B | Accel | Greycroft, Inovia Capital, Joseph Landy | Announced |
| Feb 1, 2012 | $26M Series A | George Kurtz | Accel, Greycroft, Inovia Capital | Announced |
CrowdStrike Holdings, Inc. is a leading American cybersecurity technology company headquartered in Austin, Texas, specializing in endpoint security, threat intelligence, and cyberattack response services[3][5]. Its flagship product, the CrowdStrike Falcon platform, delivers cloud-native endpoint protection through real-time threat detection, prevention, behavioral analysis, and machine learning to stop breaches proactively rather than just reactively[1][2][4]. The platform serves enterprises, governments, and multinational corporations by addressing sophisticated cyber threats in cloud, endpoint, and identity environments, with modular components like Falcon Discover for activity monitoring and Falcon Intelligence for automated responses[2][4]. CrowdStrike's growth momentum includes a successful 2019 IPO raising $612 million at an $11.4 billion valuation, rapid expansion via acquisitions, and innovations like Charlotte AI in 2023 for AI-driven threat triaging[1][3].
CrowdStrike was co-founded in 2011 by George Kurtz (CEO), Dmitri Alperovitch (former CTO), and Gregg Marston (CFO, later retired) in Irvine, California, initially focusing on protecting enterprises and governments' sensitive data using big-data technologies[1][3][5][7]. Kurtz and Alperovitch envisioned reinventing cybersecurity amid failing traditional perimeter defenses, launching the Falcon platform in 2013 as the first cloud-native endpoint solution[3][4][5]. Early traction came from high-profile incident responses, including the 2014 Sony Pictures hack and 2016 DNC breach, boosting its reputation; the company later hired ex-FBI official Shawn Henry for services and relocated headquarters to Sunnyvale then Austin in 2021, adopting a remote-first model[1][3][5].
CrowdStrike rides the shift to cloud-native security in an era of escalating sophisticated threats, where traditional antivirus fails against AI-powered attacks and perimeter breakdowns[4][5][7]. Its 2011 timing capitalized on rising breach awareness post-major incidents, positioning it as a disruptor in the $100B+ cybersecurity market amid multi-cloud adoption and zero-trust demands[3][4]. Favorable forces include regulatory pressures, ransomware surges, and AI integration needs, which Falcon addresses via innovations like identity protection and cloud workload security[3][4]. The company influences the ecosystem by setting standards for endpoint detection/response (EDR), partnering on tools like CrowdStream, and driving industry reliance on proactive, data-driven defense[3][4].
CrowdStrike's trajectory points to dominance in AI-native cybersecurity, with expansions in managed detection/response (e.g., Falcon Complete Next-Gen MDR) and generative AI like Charlotte to handle escalating threats at unprecedented speed[3][6]. Trends like zero-trust proliferation, quantum risks, and regulatory mandates will fuel growth, potentially evolving its influence toward holistic platform leadership in securing AI-driven enterprises[4][5]. As breaches remain inevitable, CrowdStrike's singular mission—to stop them—positions it to redefine cloud-era protection, building on its post-IPO momentum despite past challenges like the 2024 outage[3][8].
CrowdStrike was founded in 2011 by George Kurtz (CEO and founder).
CrowdStrike has raised $456.0M in total across 5 funding rounds.
CrowdStrike's investors include Accel, General Atlantic, IVP, Andreessen Horowitz, Greycroft, iNovia Capital, March Capital, Telstra Ventures, CapitalG, Sierra Ventures, Gene Frantz, Warburg Pincus.
Key people at CrowdStrike.
