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“Breaches stop here” |
Founded: 2012 Sunnyvale, USA
Category: Cybersecurity Primary office: Sunnyvale, CA (USA) Core technical team: Sunnyvale, CA (USA) Status: Public (IPO June 2019) Employees: 2300+ Amount raised: $1.1 billion (9 rounds – August 2019) |
OVERVIEW
PERFORMANCE METRICS
ACHIEVEMENTS
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Sells
- Endpoint protection solutions
- Falcon pro – replace legacy anti-virus with next generation anti virus integrated with threat intelligence and immediate response
- Falcon enterprise – unified next generation anti virus and endpoint detection and response, managed threat hunting and integrated threat intelligence
- Falcon premium – full endpoint protection with premium threat hunting and expanded visibility
- Falcon complete – endpoint protection delivered as-a-service and backed by a Breach Prevention Warranty up to $1 million
- Cloud security solutions
- Falcon cloud workload protection – comprehensive breach protection for AWS, Google Cloud and Azure
- Container security – enable and accelerate detection, investigation and threat hunting on containers
- Falcon platform modules (single endpoint agent cloud based management console)
- Endpoint security – Falcon prevent (next generation anti virus), Falcon insight (endpoint detection and response), Falcon device control (USB device control)
- Threat intelligence – Falcon X (integrates threat intelligence into endpoint security for automated incident investigations and actionable insights), Falcon search engine (malware research), Falcon sandbox (automated malware analysis)
- Security and IT operations – Falcon overwatch (managed threat hunting), Falcon discover (IT hygiene), Falcon spotlight (vulnerability assessment)
- Falcon on govcloud
- Cloud-delivered endpoint security, trusted to protect the US public sector
- Falcon for data centers
- Security physical, virtual or cloud-based data centers
Channels
- Entrance level free products – through company website – e.g., qualifying organizations can gain full access to Falcon Prevent by starting a free trial
- Portals (information sharing, developer, customer)
- Managed security service providers (as partners)
- Conferences and Trade shows (e.g., RSA conference)
- Complementary partners (such as ServiceNow – a leading digital workflow company – CrowdStrike products available through ServiceNow app store)
Competencies
- Cloud native endpoint protection using artificial intelligence and unifies technologies, intelligence and expertise in one solution
- Crowd sourcing data and cloud analytics
- Artificial intelligence
- Falcon platform – cloud-delivered endpoint protection
- Overwatch team – 24/7 proactive threat hunting
- Falcon complete team – managed detection and response
- Worldwide Alliances, Channels and Business Development
Resources
Assets
- Acquired Payload Security (2017) – automated malware analysis
- Falcon platform and associated modules – native cloud deployment
- Offerings include leading cloud providers – AWS, Azure and Google Cloud
- Overwatch team for 24/7 proactive threat hunting
- Tiered products and services
- CrowdStrike app store (which includes partner offerings)
Processes
- Expertise on-call for clients
- Fully managed detection and response
- Scalable/flexible offerings to reflect growth/contraction of clients
- Intelligence reports
- Simple onboarding process
- High degree of automation
- Seamless onboarding experience for partners and development of APIs
Priorities
- Simplicity of products for clients
- Lightweight/small installation/footprint
- Extend protection across public cloud workloads (extending from endpoints)
- Integration with partner workflows (e.g., ServiceNow)
- Support for technology alliance partners and others
- Development of a “holistic ecosystem” of leading tools and applications that enable partners and customers to better deploy security stacks
Assertions That Best Describe What the Company Did to Scale Early, Rapidly & Securely
- Develop and sell products that address a problem, job to be done or a need that is widespread, growing, important, urgent, and manifests itself in diverse ways
- Use scientific and technological advances to develop innovative offers
- To defend against automated cybersecurity campaigns, apply automated detection, response and remediation
- Combine company resources with those of other resource owners to create value that cannot be created by your company alone
- Maintain close relationships with resource owners that advance the core technology underpinning the most important assets of the company
- Orchestrate a community comprised of the owners of the resources required to scale
- Strengthen cybersecurity attributes of offers compared to competitors
- Apply processes that continuously improve the cybersecurity of the company as well as its offers, channels and resources
- Operate a platform that is simple to use, attracts a very large market, and enables the company to control the quality of the offers traded on the platform
- Simplify the complementarity of the company product and services
- Apply digital technology to brand, market, sell and service customers more cost effectively than competitors
- Enhance cybersecurity automation by using big data, machine learning and artificial intelligence
References
Crunchbase. https://www.crunchbase.com/organization/crowdstrike#section-lists-featuring-this-company
Owler. https://www.owler.com/company/crowdstrike
Crowdstrike website.https://www.crowdstrike.com
Press release. https://www.crowdstrike.com/press-releases/crowdstrike-launches-new-offerings-for-partners/
Contributors
- Dan Craigen