CrowdStrike raises $30 million to track hackers

Summary:Accel Partners and Warburg Pincus lead the push to use the company's big data analytics to combat an issue that businesses and governments alike face.


CrowdStrike, the Irvine, Calif.-based security company known for its work tracking hackers across the globe, announced today that it has raised $30 million.

The Series B round was led by Accel Partners and included founding investor Warburg Pincus. Accel's Sameer Gandhi will join the company's board of directors.

"Accel Partners has a thorough understanding of the big data sector and has displayed continued commitment to the market with their big data fund," president, chief executive and founder George Kurtz said. "We're looking forward to deep collaboration with Accel Partners and Warburg Pincus as we work together to combat the proliferation of advanced attacks and increasingly sophisticated cyber threats."

The company plans to use the financing to continue development of its technology and further expansion of its sales team. Amazingly, it was founded in only 2011, by McAfee veterans Kurtz, Dmitri Alperovitch and Gregg Marston.

CrowdStrike's cloud-based Falcon platform uses execution profiling and predictive security analytics to track threats. The offering allows enterprises to identify unknown malware, detect zero-day threats, pinpoint advanced adversaries and attribution and prevent damage from targeted attacks in real time.

Whatever its special sauce—the company's mum on specifics—it's working: bookings have grown 250 percent in the last six months. The additional funds stand to accelerate that number.

Topics: Security, Big Data, Start-Ups


Andrew Nusca is a former writer-editor for ZDNet and contributor to CNET. He is also the former editor of SmartPlanet, ZDNet's sister site about innovation. He writes about business, technology and design now but used to cover finance, fashion and culture. He was an intern at Money, Men's Vogue, Popular Mechanics and the New York Daily Ne... Full Bio

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