CrowdStrike Gets $30 Million in New Funding

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Security company CrowdStrike recently announced that it had raised $30 million in a Series B funding round led by Accel Partners and including founding investor Warburg Pincus.

CrowdStrike says it will use the financing to fund innovation in big data analytics and security intelligence, and to support an aggressive go-to-market strategy in the next-generation threat protection space.

Accel Partners partner Sameer Gandhi will join CrowdStrike's board of directors.

"CrowdStrike's impressive executive team has taken an extremely sophisticated data driven approach to identifying and protecting some of the most important industry leaders within finance, healthcare, telecom, energy, media and government," Gandhi said in a statement. "CrowdStrike stands alone and has effectively and rapidly scaled its business to help defend against what we know to be persistent and highly targeted cyber attacks."

The company's CrowdStrike Falcon Platform is designed to enable enterprises to identify unknown malware, detect zero-day threats, identity adversaries and attribution, and prevent damage from targeted attacks.

"The completion of our funding is perfectly timed to meet growing demand for targeted attack detection, prevention, and monitoring," CrowdStrike president, CEO and co-founder George Kurtz said in a statement.