CrowdStrike
CrowdStrike got into the access control and threat prevention space with its $96 million buy of Preempt Security to help clients protect identity data without compromising productivity or the user experience. CrowdStrike Endpoint Recovery Services brings together the power of the CrowdStrike Falcon platform, threat intelligence and real-time response to accelerate business recovery from cyber intrusions.
The debut of CrowdStrike Falcon Horizon allows for the automation of cloud security management across the app development lifecycle, enabling customers to securely deploy applications in the cloud with greater speed and efficiency. The Sunnyvale, Calif.-based endpoint security vendor today enjoys a market cap of $38.93 billion after increasing its stock price by 221.3 percent since the start of 2020.
Massive displacement of both legacy and next-generation endpoint security vendors is expected to fuel a 78 percent increase in year-over-year revenue for CrowdStrike in the company’s current fiscal year to $857.5 million. CrowdStrike has also increased its headcount by 42 percent over the past year to 2,980 people, with the most aggressive hiring occurring for the business development and engineering teams.