Total amount raised
$1.2 Billions
Latest funding date
Location
Title
CrowdStrike has successfully raised significant funding through multiple rounds, attracting notable investors such as ARK Investment Management and March Capital. The company's AI-native cybersecurity platform, CrowdStrike Falcon, offers comprehensive protection for cloud workloads, identity, and data.
Keep reading to explore the intricacies of CrowdStrike's fundraising journey and the investors backing this innovative cybersecurity leader.
What Is CrowdStrike?
CrowdStrike, founded in 2011, is a leading cybersecurity company based in Sunnyvale, California. The company was established by Dmitri Alperovitch, George Kurtz, and Gregg Marston. With a workforce of 5001-10000 employees, CrowdStrike specializes in providing cloud-delivered protection for cloud workloads, identity, and data.
Known for its AI-native platform, CrowdStrike Falcon, the company offers comprehensive cybersecurity solutions, including endpoint protection, threat intelligence, and incident response. Their innovative approach has positioned them as a global leader in the cybersecurity industry.
Over the years, CrowdStrike has garnered significant attention and investment, reflecting its pivotal role in safeguarding digital environments. The company's commitment to stopping breaches and protecting data continues to drive its growth and influence in the market.
How Much Funding Has CrowdStrike Raised?
- Series A
- Amount Raised: $26M
- Date: February 2012
- Lead Investors: Accel
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and launch their AI-native cybersecurity platform.
- Series B
- Amount Raised: $30M
- Date: September 2013
- Lead Investors: Accel
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their product offerings and scale operations.
- Series C
- Amount Raised: $100M
- Date: July 2015
- Lead Investors: CapitalG
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and enhance their cybersecurity solutions.
- Series D
- Amount Raised: $100M
- Date: May 2017
- Lead Investors: Accel
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop their AI capabilities and expand market reach.
- Series D
- Amount Raised: $25M
- Date: October 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing innovation and product development.
- Series E
- Amount Raised: $200M
- Date: June 2018
- Lead Investors: Accel, General Atlantic, IVP
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale their operations and enhance their market presence.
- Post-IPO Debt
- Amount Raised: $750M
- Date: January 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: For general corporate purposes, including acquisitions and capital expenditures.
- Post-IPO Equity
- Amount Raised: $4.6M
- Date: December 2022
- Lead Investors: ARK Investment Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue expanding their cybersecurity solutions and market reach.
Total Amount Raised: $1.2356B. Current Valuation: Not publicly disclosed.
Key Investors
- ARK Investment Management
- Details: ARK Investment Management is a prominent investment firm known for its focus on disruptive innovation. Founded by Cathie Wood, ARK aims to identify and invest in companies that are leading the way in technological advancements.
- Investment Focus Areas: Technology, healthcare, industrials.
- Notable Investments: Tesla, Square, Roku.
- Accel
- Details: Accel is a global venture capital firm that partners with exceptional founders to build world-class companies. With a history of successful investments, Accel has been instrumental in the growth of numerous tech giants.
- Investment Focus Areas: Technology, cybersecurity, consumer internet.
- Notable Investments: Facebook, Dropbox, Slack.
- General Atlantic
- Details: General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. The firm focuses on investing in companies with strong growth potential and innovative business models.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: Airbnb, Alibaba, Uber.
- IVP (Institutional Venture Partners)
- Details: IVP is a premier later-stage venture capital and growth equity firm. With a focus on high-growth technology companies, IVP has a track record of successful investments in industry leaders.
- Investment Focus Areas: Technology, enterprise software, digital media.
- Notable Investments: Twitter, Snap, Dropbox.
- CapitalG
- Details: CapitalG is the growth equity investment fund of Alphabet Inc. The firm leverages Google's expertise and resources to help companies scale and achieve their growth objectives.
- Investment Focus Areas: Technology, data analytics, artificial intelligence.
- Notable Investments: Airbnb, Stripe, Lyft.
What's Next for CrowdStrike?
With the recent $750 million senior unsecured notes offering, CrowdStrike is poised to seize significant growth opportunities. The funds will be used for acquisitions, capital expenditures, and working capital, enabling the company to expand its capabilities and market reach. This strategic move aligns with industry trends towards advanced AI-driven cybersecurity solutions, positioning CrowdStrike to capitalize on the increasing demand for robust digital protection.
Future fundraising opportunities may arise as CrowdStrike continues to pursue its growth objectives. However, the company must navigate challenges such as market conditions and investor demand. Successfully leveraging the proceeds from this offering will be crucial in maintaining its competitive edge and achieving long-term success.
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