CrowdStrike Holdings Inc is an American cyber security technology company founded in 2011. The company is based in Austin, Texas, and offers different services like cloud workload, endpoint security, threat intelligence, and cyberattack responses.
Crows Strike Holdings had been a part of different high-profile cyber cases. It was involved in the investigation of cases like the 2014 Sony Pictures hack, and also the cases of a cyber attack on the Democratic National Committee (DNC), and also the email leak involving the DNC.
The company was founded almost twelve years back, in 2011 by George Kurts, Dmitri Alperpvitch, and Gregg Marston. Currently, George Kurtz serves as the CEO of the company.
Dimitri Alperovitch used to serve as the former CTO of the company while Gregg Marston is not currently associated with the company as he resigned from the firm. He used to serve as the CFO of CrowdStrike while he was a part of the firm.
CrowdStrike Holding – A Brief History
In 2011, George Kurtz, Dmitri Alperovitch, and Gregg Martson founded the company.
After launching the company, they also started a subsidiary Crowdstrike Service Inc and they focused their efforts on proactive and incident response. Shawn Henry who used to work with the FBI earlier was hired by the company to head the operations of their subsidiary wing.
CrowdStrike Falcon was the first product launched by the company. It was launched in 20913 and the service aimed at providing services like endpoint protection, threat intelligence, and also attribution.
CrowdStrike started to grow bigger over the years and its services were utilized by different government agencies. The company was associated with the United States Department of Justice in charging five Chinese hackers for charges like cyber espionage.
They also helped in operations against a group connected to the Russian Federation named Energetic Bear which was responsible for holding intelligence operations against global targets mainly from the energy sector.
CrowdStrike was involved in different famous issues and cases like the Sony Pictures hack and they also played a major role in identifying the members of Putter Panda, which is a group of Chinese hackers, who are also known by the name PLA Unit 61486.
In their following years of operation, CrowdStrike became part of different cases and continued their assistance to different firms through their expertise and experience in the field of cybersecurity.
Until 2021, the company had its headquarters in Sunnyvale, California but theory shifted its operations and is now based in Austin, Texas.
CrowdStrike Holdings – Services Offered
CrowdStrikes Holding is an American company that focuses its operations on the field of cybersecurity. The company offers different services and has associations with different agencies including some government agencies. Some of the services offered by CrowdStrike Holdings Inc include:
- Endpoint Security Services
Endpoint Security Services provides the customer with personalized and expert guidance that is needed in order to spot and identify risks, implement solutions, and also to prevent any possible threats in the future.
- Cloud Security Services
Through Cloud Security Services, they provide a service that helps to protect cloud-based infrastructure, applications, and data. Cloud Security Services mitigate risk and improve the compliance of the cloud-based environment.
- Identity Protection Services
Through Identity Protection Service, the firm guarantees the prevention of actions such as unauthorized access of any personal information, and the misuse of any credentials, reduces password fatigue, and also implements conditional access and many such related services.
- Network Monitoring Service
The service helps a user by collecting all the related information from the computer network. These networks include routers, switches, firewalls, and similar sources. After collecting the necessary data, it is then analyzed deeply in order to find the problems associated with that network.
It should be noted that CrowdStrike Holdings offer multiple services to their customers other than these mentioned four services.
CrowdStrike Holdings – Funding
CrowdStirke officially announced that the company reached a valuation of $1 billion in 2017 and that the estimated annual revenue of the company was around $100 million.
The following year, in 2018, they stated that the overall value of the company was estimated to be around $3 billion. Some of the notable investors of CrowdStrike Holdings Inc include:
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- Rackspace Technologies
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- Accel Partners
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- Warburg Pincus
Warburg Pincus LLC is a private global equity firm. The firm is said to have around $80 billion in assets under management and had been a private equity investor since 1966.
CrowdStrike Holdings – Recognitions And Achievements
Even though it has only been a few years since the company started, they were able to attain the success that they have today through its successful operations. The company received different recognitions and awards for its performance through the years.
Some of these awards include AWSGlobal Public Sector Partner Award for best cyber security solution which was received in 2021.
The same year, the company also won two other awards namely, the Canada AWS Partner Award as the ISV Partner of the year, and also was ranked at the top position for Modern Endpoint Security 2020 Market Shares in IDC’s Worldwide Corporate Endpoint Security Market Shares.