Google invests in CrowdStrike

News by Danielle Correa

Google Capital has invested US$ 100 million (£64.16 million) in cyber-security start-up CrowdStrike. It was united by cloud computing company Rackspace, a customer, and the firm's existing investors Accel and Warburg Pincus.

Both companies were believed to have been attracted to CrowdStrike by the cloud's cloud architecture, endpoint solution and 'best-in-class management team'.

Since its beginning four years ago, CrowdStrike has released a collection of reports on serious computer bugs and hacker groups. Its analysis of the data breach of the US Office of Personnel Management recently suspected China as well, as reported by Reuters.

CrowdStrike CEO George Kurtz believes this latest funding will allow the company to bring its cyber-attack spotting-and-blocking tool further beyond. “This allows us to create war chest to go out and focus on domestic and international expansion, rapidly increasing our sales, marketing, and engineering capacity,” he said.

Kurtz feels CrowdStrike could be the next Palo Alto of the endpoint, referring to Palo Alto Networks, a network defence company that reconstructed firewall protection in the 2000s.

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