Crowdstrike

Crowdstrike

Cloud-native endpoint security solutions provider

About

CrowdStrike provides cybersecurity solutions focused on protecting businesses from cyber threats. Their main product, the Falcon platform, is a cloud-native service that secures devices like computers and servers. It includes features such as Falcon Pro, which replaces traditional antivirus with next-generation antivirus that uses threat intelligence for quick responses, Falcon Insight for endpoint detection and response to investigate security incidents, and Falcon Device Control to manage connected devices and prevent unauthorized access. CrowdStrike stands out from competitors by serving a diverse range of high-profile clients, including many Fortune 100 companies, and by offering subscription-based services that include proactive threat hunting. The company's goal is to ensure the safety of its clients' digital environments by providing effective and comprehensive endpoint security.

Company Stage

IPO

Employees

5,001-10,000

Industries

Cybersecurity

Total Funding

$468M

Headquarters

N/A

Founded

2011


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Simplify's Take

What believers are saying

  • CrowdStrike's recognition as a leader in cybersecurity by Forrester and Gartner enhances its reputation and marketability.
  • The subscription-based model ensures a steady revenue stream, allowing for continuous innovation and improvement of the Falcon platform.
  • Proactive threat hunting services offer clients an added layer of security, potentially preventing breaches before they occur.

What critics are saying

  • The recent software update incident that caused a global IT outage highlights potential vulnerabilities in CrowdStrike's update processes, which could damage client trust.
  • Dependence on cloud infrastructure means that any significant cloud service disruption could severely impact CrowdStrike's operations and client services.

What makes Crowdstrike unique

  • CrowdStrike's cloud-native approach to endpoint security offers superior scalability and real-time threat detection compared to traditional on-premise solutions.
  • The Falcon platform's integration of next-generation antivirus (NGAV) and endpoint detection and response (EDR) provides a comprehensive security solution that is highly regarded by industry analysts like Forrester and Gartner.
  • CrowdStrike's extensive client base, including 44 of the Fortune 100 companies, underscores its strong market presence and trust among leading organizations.

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Growth & Insights
Headcount

6 month growth

14%

1 year growth

28%

2 year growth

39%

Benefits

Competitive Employee Stock Purchase Plan

Remote-friendly culture

Market leader in compensation and equity awards

Competitive vacation and flexible working arrangements

Comprehensive health benefits + 401k plan

Paid Parental Leave, including adoption

Wellness programs

Professional development and mentorship opportunities

Open offices have stocked kitchens, coffee, soda and treats

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