Overall Rank: 11
Category Rank: 1
- Top Software Company of 2023
- Top Cybersecurity CEOs of 2021
CrowdStrike, a leading global cybersecurity firm, was established in 2011 to revolutionize the landscape of modern security by introducing the world’s most advanced cloud-native platform. This innovative platform is specifically designed to safeguard critical areas of enterprise risk, including endpoints and cloud workloads, as well as identity and data.
Led by its visionary CEO, George Kurtz, it has revolutionized the industry with its world-class cloud-native platform. The CEO’s exceptional leadership and strategic vision have propelled the company to the forefront of modern security, providing unrivaled protection for critical areas of enterprise risk, including endpoints, cloud workloads, identity, and data.
At the core of CrowdStrike’s offering is the CrowdStrike Security Cloud, a powerful infrastructure that harnesses the potential of artificial intelligence (AI) to its fullest extent.
Leveraging real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and comprehensive telemetry from across the enterprise, the CrowdStrike Falcon® platform delivers hyper-accurate detections, automated protection and remediation, elite threat hunting capabilities, and prioritized observability of vulnerabilities.
CrowdStrike has established itself as a trusted cybersecurity partner for organizations worldwide. The Falcon platform empowers enterprises to proactively defend against emerging threats, safeguard critical assets, and maintain a resilient security posture in the face of ever-evolving risks.
This managed detection and response (MDR) service combines CrowdStrike’s powerful technology with the expertise of their security analysts. It provides continuous monitoring, threat hunting, and incident response to effectively protect organizations against advanced threats.
Falcon Identity Protection
It is a product offered by CrowdStrike, focused on enhancing identity and access management (IAM) security. It is designed to protect user identities and prevent unauthorized access to critical resources within an organization.
This is a comprehensive cybersecurity solution designed for large-scale organizations and enterprises. It provides advanced protection, detection, and response capabilities to safeguard the entire enterprise ecosystem from cyber threats.
Falcon Security & IT Operations
The Falcon platform is designed to provide advanced security and protection for organizations across various areas of their IT infrastructure. Falcon Security & IT Protection includes a range of capabilities and products tailored to safeguard critical assets and defend against cyber threats.
Crowdstrike has consistently received positive feedback and high ratings from users, reflecting its reputation as a leading enablement platform. On G2, CrowdStrike has been rated 4.6 out of 5; customers have expressed satisfaction with CrowdStrike’s cybersecurity solutions, highlighting their effectiveness in protecting against advanced threats and providing comprehensive endpoint security. Users appreciate the real-time threat detection, proactive threat hunting, and incident response capabilities offered by CrowdStrike’s Falcon platform.
The cloud-native architecture, AI-powered technology, and integration with threat intelligence have been commended for their ability to deliver accurate detections and rapid responses to security incidents. CrowdStrike’s managed services, including Falcon Complete and Falcon OverWatch, have also received praise for their expertise in monitoring and responding to potential threats. One notable aspect is the fine-grained, detailed information provided about configuration, enabling users to have a comprehensive understanding of their IT infrastructure and security settings.
The compliance feature has been praised for providing a centralized and efficient way to monitor and maintain posture compliance, streamlining the compliance process for organizations. It offers a one-stop solution for monitoring and ensuring adherence to security standards and regulations.
Overall, customers have found CrowdStrike’s solutions to be valuable in enhancing their security posture and mitigating risks in their IT environments.
- Founded: 2011
- Number of employees: 7200+
- Customers: 23,000+
- Crowdstrike has acquired five organizations
- Total revenue was $692.6 million in first quarter of fiscal 2024, a 42% increase, compared to $487.8 million in the first quarter of fiscal 2023.
Rating and Commentary
CrowdStrike has gained widespread attention and received favorable coverage for its cutting-edge endpoint security solutions. The company’s innovative approach to threat detection and response has positioned it as a leader in the field.
CrowdStrike’s executives, including George Kurtz, have become sought-after figures in the cybersecurity community, regularly offering insights on emerging cyber threats, incident response strategies, and best practices. Their expertise and thought leadership contributions through research reports, white papers, and speaking engagements have bolstered the company’s credibility and influence in the industry.
In addition to their financial support, investors such as Accel and ARK have played a pivotal role in CrowdStrike’s growth and expansion. Their contributions extend beyond financial backing, as they offer valuable guidance and expertise in navigating the dynamic cybersecurity landscape. With their support, CrowdStrike has been able to develop innovative solutions and solidify its position as a global leader.
The company’s focus on providing cutting-edge endpoint security solutions, coupled with its thought leadership and strategic partnerships, sets the stage for further success in the cybersecurity market.
George Kurtz, Chief Executive Officer
George is a prominent figure in the cybersecurity industry. He is the President, CEO, and Co-Founder of CrowdStrike, a leading cybersecurity company known for its cloud-based endpoint protection platform. Kurtz has a strong background in the field, having previously served as the Worldwide Chief Technology Officer and Executive Vice President at McAfee, another well-known cybersecurity company. He played a crucial role in driving McAfee’s strategy and technological advancements.
Michael Sentonas, President
He is responsible for CrowdStrike’s product and go-to-market functions, including its sales, marketing, product & engineering, threat intelligence, privacy & policy, corporate development, corporate strategy and CTO teams. A 20-plus year cybersecurity veteran, Sentonas is an active public authority on security issues and the evolving threat landscape, and is regularly featured as a speaker at key industry events, an expert source in the media, and a trusted advisor to governments and company boards, alike.
Burt Podbere, Chief Financial Officer
Burt has been instrumental in establishing the CrowdStrike’s long-term financial management strategy and developing the company’s global expansion strategy. Since joining CrowdStrike in 2015, he has helped secure approximately $1B in equity financing through several funding rounds, including the company’s 2019 IPO, and approximately $1.5B in secured and unsecured debt. Podbere has worked in Canada, Europe, and the U.S., garnering extensive knowledge of domestic and international finance, SaaS businesses, and international operations.
Jennifer (JJ) Johnson, Chief Marketing Officer
JJ is a notable figure in the field of marketing and cybersecurity. As the CMO, Jennifer Johnson played a crucial role in shaping CrowdStrike’s marketing strategies and driving brand awareness for the company. Additionally, Jennifer Johnson has been a board member at Immersive Labs, a cybersecurity skills platform that focuses on providing hands-on training and assessment tools. As a board member, she contributed to guiding Immersive Labs’ strategic direction and supporting its growth in the cybersecurity education space.
At Personio, organizational insights and culture are at the heart of the company’s operations. The company prides itself on fostering a work environment that values individuality, collaboration, and growth. By promoting a strong organizational culture, Personio aims to attract top talent, encourage innovation, and cultivate a sense of belonging among its employees.
Personio’s culture is centered around the principle of “You Bring You. We’ll Bring the Benefits.” This approach acknowledges the unique strengths and perspectives that each individual brings to the table. It encourages employees to be authentic, embrace diversity, and contribute their unique ideas and experiences to the organization. Personio believes that by fostering an inclusive culture, employees feel empowered and motivated to perform at their best.
The company places a strong emphasis on collaboration and teamwork. Cross-functional collaboration is encouraged, enabling employees to work together across departments and leverage their diverse skill sets to drive innovation and achieve shared goals. Regular team meetings, brainstorming sessions, and knowledge sharing initiatives further enhance collaboration and foster a sense of unity within the organization.
According to Glassdoor reviews, Personio’s organizational culture is highly regarded by employees. It is described as supportive, collaborative, and driven by a strong sense of purpose. By prioritizing personal and professional growth, fostering teamwork, and emphasizing the significance of their work, Personio has established a culture that drives excellence and innovation in the HR software industry.
He assumed the role of the chairman of the board of CrowdStrike in April 2012. Before CrowdStrike, Mr. Watzinger served as the chief strategy officer and executive vice president at McAfee, where he was responsible for guiding McAfee’s global business strategy and development. Mr. Watzinger has helped accelerate the international expansion of McAfee and has directed the company through numerous successful mergers and acquisitions, which have resulted in record revenue growth and increased market share. He was also the architect of McAfee’s acquisition by Intel, a $7.7B transaction which was one of the largest deals in the security industry.
She is President and CEO of Austin Investment Advisors, a private investment and consulting firm and chairs the US Mid-market Investment Advisory Committee of EQT Partners. Ms. Austin serves on the Board of Directors of AbbVie, Freshworks, and Verizon Communications and formerly, the Board of Abbott Laboratories, Target Corporation, Teledyne Technologies and Ericsson. She was named 2018 Director of The Year –Corporate Leadership and Service by the Forum for Corporate Directors and one of the most influential directors in the boardroom by the National Association of Corporate Directors. She is also the co-chair of the annual corporate governance conference at Northwestern’s Kellogg School of Management.
He is based in New York, joined Warburg Pincus in 1994 and is responsible for Technology investments in the Software and Financial Technology sectors. Prior to joining Warburg Pincus, Mr. Davis was an Executive Assistant to Michael Dell at Dell Computer and a Consultant at McKinsey & Company. He is also the Director of Bitsight, Clearwater, eSentire, Infoblox, Privitar, Reorg Research, and Varo Bank.
She has been leading global teams and growing companies for the past 20+ years. Most recently, she served as CrowdStrike’s Chief Marketing Officer (CMO) – leading all elements of global Marketing from 2014 to 2020, and again in 2022. As CrowdStrike’s first CMO, she guided the company brand from an agile startup to an industry leader in cybersecurity and played a critical role in CrowdStrike’s initial public offering (IPO) in 2019, which was largely hailed as one of the most successful cybersecurity IPOs in history.
ARK Investment Management
An investment management firm founded by Cathie Wood in 2014. ARK is known for its active, thematic approach to investing, focusing on disruptive innovation and emerging technologies. The firm manages several exchange-traded funds (ETFs) that invest in companies expected to drive innovation and transformative change in various sectors. ARK Invest has been associated with CrowdStrike through its investment activities. ARK has held positions in CrowdStrike in some of its ETFs, such as the ARK Next Generation Internet ETF (ARKW). This ETF seeks to capture the growth potential of companies involved in the development and use of internet-related technologies.
A venture capital firm that invests in early-stage and growth-stage companies across various sectors. Accel was founded in 1983 and has since been involved in backing numerous successful technology companies. Accel has been associated with CrowdStrike through its investment activities. In 2012, Accel made an early investment in CrowdStrike during the company’s early stages.
Institutional Venture Partners
A venture capital firm that focuses on late-stage investments in rapidly growing technology companies. Founded in 1980, IVP has a long history of backing successful companies across various sectors, including enterprise software, internet, and cybersecurity. IVP has been associated with CrowdStrike through its investment activities. In 2014, IVP participated in a funding round for CrowdStrike, providing financial support to the company as it expanded its operations and advanced its cybersecurity offerings.
- In May 2023, CrowdStrike Named a Leader in Managed Detection and Response by Independent Research Firm
- In May 2023, CrowdStrike Ranked #1 Globally for Managed Detection and Response Market Share in Gartner® Report for Second Consecutive Year
- In Apr 2023, CrowdStrike Introduced the Industry’s First Native XDR Offering for ChromeOS, Expands Partnership with Google
- In Apr 2023, CrowdStrike was named to Fortune’s 100 Best Companies List for Third third consecutive year.
- In Feb 2023, Pax8 and CrowdStrike Announce Strategic Partnership
- In Feb 2023, CrowdStrike Positioned as a Leader in 2022 Gartner® Magic Quadrant™ for Endpoint Protection Platforms for Third Consecutive Time
News and Press Releases
- June 28, 2023: At US$144, Is CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Worth Looking At Closely? (Read)
- Jun 6, 2023: CrowdStrike adds more cybersecurity features for protecting cloud environments (Read)
- CrowdStrike Achieves IL5 Authorization to Secure U.S. Department of Defense (Read)
- May 9, 2023: CrowdStrike unveils ChromeOS support for XDR tool (Read)
- May 4, 2023: Data choice and control play strong roles in how Cribl and CrowdStrike provide security solutions (Read)
- May 4, 2023: Raj Rajamani, CrowdStrike | RSA Conference 2023 (Read)
- Apr 25, 2023: CrowdStrike launches visibility and threat detection for ChromeOS devices (Read)
Palo Alto Networks
Palo Alto Networks is a leading cybersecurity company that offers a range of solutions for network security, cloud security, and endpoint protection. Their products compete directly with CrowdStrike’s offerings.
Symantec, now a part of Broadcom, is a well-known cybersecurity company that provides a comprehensive suite of security products, including endpoint protection and threat intelligence solutions.
McAfee is a global cybersecurity company that offers a wide range of security solutions, including endpoint security, cloud security, and threat intelligence. They compete with CrowdStrike in the endpoint protection space.
Carbon Black, now a part of VMware, provides endpoint security solutions that focus on advanced threat detection and response. Their products directly compete with CrowdStrike’s offerings in the market.
Cisco Systems is a networking and cybersecurity company that offers a range of security solutions, including endpoint protection and threat detection systems. They are a significant competitor in the cybersecurity industry.
Corporate Responsibility is a fundamental aspect of CrowdStrike’s business practices. CrowdStrike upholds high ethical standards and strives to conduct its operations in an ethical and sustainable manner. The company firmly believes that safeguarding vulnerable organizations, institutions, and communities is crucial for the overall success of the cybersecurity industry. Consequently, CrowdStrike’s social impact initiatives are integral to its mission.
By empowering employees to contribute meaningfully, CrowdStrike strives to create a positive social impact that aligns with its mission and purpose. The company places emphasis on environmental stewardship by implementing measures to reduce its environmental impact, conserve resources, and support sustainable practices. Additionally, CrowdStrike prioritizes the well-being and development of its employees, fosters a diverse and inclusive workplace, engages with local communities through philanthropic initiatives, and demonstrates a commitment to social causes.
CrowdStrike focuses on implementing sustainable programs and initiatives, particularly within its data centers. When selecting data center locations, priority is given to those with sustainable power sources and lower carbon footprints. Additionally, the company opts for servers with reduced power demands and adjusts energy consumption based on demand to minimize environmental impact. To help the most vulnerable nonprofit organizations, they offer free access to their platform.
Furthermore, they have the NextGen Scholarship Program, and more than 32 scholarships have been given out to students across the United States and Canada since 2017.
Environmental considerations are also integrated into strategic planning for all CrowdStrike Data Centers, including the prioritization of vendors that utilize green power. The company has set a goal to achieve carbon neutrality by 2030, actively commissioning new customers into data centers designed with reduced environmental footprints.