Google Bets Big On Cybersecurity with $100M Investment

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pymnts.comCybersecurity company CrowdStrike announced the completion of a $100 million Series C funding round yesterday (July 13), led by Google Capital. Rackspace also participated in the round, along with existing investors Accel and Warburg Pincus, bringing the company’s total funding raised to $156 million.

CrowdStrike specializes in offering a Software-as-a Service (SaaS) based endpoint protection platform, which allows organizations to detect, prevent and respond to attacks at any stage.

“It’s extremely gratifying to bring in a high-caliber investor like Google Capital which shares our passion for innovation and sees the opportunity to completely transform the security industry,” said George Kurtz, CrowdStrike’s co-founder and CEO, in a company release.

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photo CC by David Goehring

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