July 13, 2015
Closely held cybersecurity firm CrowdStrike Inc has raised $100 million in a funding round led by Google Capital, giving it an undisclosed valuation that sources close to the transaction said was approaching $1 billion.
Irvine, California-based CrowdStrike had previously raised $56 million and is riding a valuation surge in both cybersecurity companies and the broader technology industry.
The company claims five of the world’s 10 largest banks and three of the top 10 oil and gas firms among its clients. CrowdStrike Chief Executive Officer George Kurtz said some of the money would help expand the company’s presence in Europe, Asia and the Middle East.