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CrowdStrike Holdings, Inc. (symbol: CRWD) is a premier player in the field of cloud-delivered cybersecurity solutions. Founded in 2011 and headquartered in Texas, CrowdStrike has distinguished itself by offering next-generation endpoint protection. The company's flagship product, the Falcon platform, provides a comprehensive, single-pane-of-glass view for enterprises to detect and respond to security threats effectively.
CrowdStrike has revolutionized cybersecurity by being the first and only company to unify next-generation antivirus (AV), endpoint detection and response (EDR), and a 24/7 managed hunting service—all through a single lightweight agent. This trifecta of services ensures robust protection against sophisticated threats and breaches.
The company boasts a diverse clientele that includes three of the 10 largest global companies by revenue, five of the top 10 financial institutions, three of the top 10 healthcare providers, and three of the top 10 energy companies. These partnerships attest to CrowdStrike's reliability and efficacy in the cybersecurity domain.
In 2019, CrowdStrike went public, marking a significant milestone in its journey. Since then, the company has continued to expand its offerings and improve its Falcon platform with cutting-edge features and capabilities. CrowdStrike's financial performance has reflected its growth trajectory, showing strong revenue growth and increased market adoption.
Explore more about CrowdStrike's innovations, partnerships, and services by visiting their official website or following them on Twitter. Stay updated with the latest developments through their blog.
CrowdStrike (NASDAQ: CRWD) has unveiled Falcon Complete Next-Gen MDR, setting a new standard for Managed Detection and Response services. This AI-powered solution expands MDR operations beyond endpoint, identity, and cloud security, incorporating third-party data from Falcon Next-Gen SIEM for comprehensive threat detection and response across the entire enterprise attack surface.
Key features include:
- Fastest detection times, up to 11 times faster than competitors
- 75% acceleration in analyst operations through AI-powered incident management
- Unified visibility across native and third-party data sources
- Full cycle remediation with hands-on expert intervention
CrowdStrike's MDR service complements its partner ecosystem, supporting SOC transformation initiatives and legacy SIEM migration while reducing operational costs and complexity for customers.
CrowdStrike (NASDAQ: CRWD) has been recognized as a Customers' Choice in the 2024 Gartner Peer Insights ‘Voice of the Customer’ Endpoint Protection Platforms report. This accolade is based on a 99% Willingness to Recommend score from 524 responses as of April 2024. CrowdStrike was acknowledged for its excellence across all company sizes and regions, including North America, Asia/Pacific, Europe, the Middle East, and Africa. The company's AI-native platform, Falcon, is praised for its comprehensive threat detection, prevention, and response capabilities. Customer testimonials highlight the platform's predictive capabilities and integration of new features.
CrowdStrike (NASDAQ: CRWD) has announced strategic partnerships with Ingram Micro, M3Corp, and Tecnología Especializada Asociada de México (TEAM Mexico) to expand the adoption of its AI-native CrowdStrike Falcon® cybersecurity platform in Latin America. These partnerships aim to drive vendor consolidation and enhance security solutions for businesses in Mexico, Brazil, and the wider Latin American market.
The Falcon platform will help regional businesses combat modern eCrime threats, which have been increasingly sophisticated. By leveraging the expertise and networks of these distributors, CrowdStrike aims to simplify and transform cybersecurity in the region, addressing the need for unified security solutions.
This initiative underscores CrowdStrike's commitment to providing advanced cybersecurity in Latin America, expanding its global market leadership by offering state-of-the-art protection and consolidating security vendors.
CrowdStrike (Nasdaq: CRWD) has announced surpassing $1 billion in sales through its partnership with CDW (Nasdaq: CDW). This achievement comes alongside CrowdStrike attaining CDW's Diamond Level Partner Status, highlighting the robust collaboration between the two companies. CDW is a prominent provider of IT solutions to business, government, education, and healthcare sectors across the US, UK, and Canada. The partnership leverages CrowdStrike's AI-native Falcon platform to deliver advanced cybersecurity solutions, allowing organizations to consolidate legacy products, improve ROI, and prevent breaches. This milestone underscores the combined efforts of both companies in modernizing security operations and delivering significant cybersecurity outcomes for their customers.
CrowdStrike (Nasdaq: CRWD) has been added to the S&P 500 Index, becoming the fastest cybersecurity company to achieve this milestone. This inclusion reflects CrowdStrike's innovation and leadership in the cybersecurity industry, primarily driven by its AI-powered Falcon platform. Since its 2019 IPO, CrowdStrike has shown significant growth, reaching over $3 billion in Annual Recurring Revenue (ARR) in Q3 FY2024, with a record-ending ARR of $3.65 billion, up 33% year-over-year. CEO George Kurtz emphasized CrowdStrike's mission to protect customers and stop breaches through its cloud-native, AI-driven solutions.
CrowdStrike (NASDAQ: CRWD) has announced a strategic partnership with Hewlett Packard Enterprise (NYSE: HPE) to enhance end-to-end AI innovation security, including large language models (LLMs), in collaboration with NVIDIA. This integration combines the CrowdStrike Falcon cybersecurity platform with HPE GreenLake cloud and OpsRamp AIOps to unify IT and security teams. This alliance aims to secure AI workloads and applications by providing a unified service map view of attack surface security, leveraging full-stack observability and AI-driven insights. This partnership will also facilitate the adoption of generative AI from edge to datacenter to cloud.
CrowdStrike (NASDAQ: CRWD) achieved a new speed benchmark in MITRE Engenuity's ATT&CK® Evaluations: Managed Services-Round 2, detecting a sophisticated eCrime attack in just four minutes. The company's Falcon Complete MDR identified 98% of adversary techniques without prior knowledge of the threat scenario, outperforming competitors by 6 to 11 times in speed. The evaluation tested the detection-only capabilities of the Falcon platform, where no automated actions were allowed. CrowdStrike's performance highlights its cloud-native, AI-driven architecture, emphasizing swift and effective cybersecurity measures.
For more details, visit the company's blog or register for their CrowdCast on June 27.
Rubrik (NYSE: RBRK) announced its Q1 FY 2025 financial results, highlighting a 46% year-over-year increase in Subscription Annual Recurring Revenue (ARR) to $856.1 million and a 38% rise in total revenue to $187.3 million. The company expanded its customer base by 41% to 1,859 clients with $100K+ in Subscription ARR. Despite strong revenue growth, Rubrik reported a GAAP net loss per share of $(11.48), primarily due to $630.3 million in stock-based compensation tied to its IPO. The company closed its IPO in April 2024, raising net proceeds of $710.3 million. For FY 2025, Rubrik projects Subscription ARR between $983 million and $997 million, and revenue between $810 million and $824 million. However, the company anticipates a non-GAAP net loss per share of $(2.35) to $(2.25).
CrowdStrike (Nasdaq: CRWD) has been named a Leader in The Forrester Wave™: Cybersecurity Incident Response Services, Q2 2024. The report highlights the company's powerful CrowdStrike Falcon® platform and elite services team, which offer rapid investigation, adversary ejection, and breach impact limitation. CrowdStrike stands out for its capabilities in handling sophisticated nation-state-level threats, ongoing monitoring, and post-incident response. The company aims to enhance business continuity and regulatory compliance through a comprehensive response strategy. Chief Global Services Officer Tom Etheridge emphasized the combination of expert teams, advanced platform, and deep understanding of modern adversaries as key to effective incident response and future breach prevention.
CrowdStrike (Nasdaq: CRWD) announced that its AI-native Falcon® cybersecurity platform won five awards at the SC Awards Europe 2024, the most of any vendor this year. The platform was recognized for Best Cloud Security Solution, Best Endpoint Solution, Best AI Solution, Best Threat Intelligence Technology, and Best Incident Response Solution. CrowdStrike's Falcon platform offers comprehensive visibility, real-time detection, and reduces operational complexity, making it a preferred choice for cybersecurity consolidation. Jennifer Johnson, CrowdStrike's chief marketing officer, highlighted that these awards underscore the platform's ability to stop breaches, eliminate complexity, and drive significant cost savings.
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