crowdstrike
Logging startups are suddenly hot as CrowdStrike nabs Humio for $400M
A couple of weeks ago SentinelOne announced it was acquiring high-speed logging platform Scalyr for $155 million. Just this morning CrowdStrike struck next, announcing it was buying unlimited logging tool…
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Talent and capital are shifting cybersecurity investors’ focus away from Silicon Valley
With better access to capital and worldwide talent, there will be further opportunities outside Silicon Valley to scale and create a new wave of solutions to solve today’s cybersecurity problems.
Google’s BeyondCorp Enterprise security platform is now generally available
Google today announced that BeyondCorp Enterprise, the zero trust security platform modeled after how Google itself keeps its network safe without relying on a VPN, is now generally available. BeyondCorp…
Accel Partners heads down to Georgia to invest in DecisionLink, leading an $18.5 million round
DecisionLink, an Atlanta-based company that provides software for cost-benefit analyses of business services from a customer’s perspective, has managed to woo one of Silicon Valley’s top venture firms to invest…
American stocks drop in wake of president’s COVID-19 diagnosis
American stocks are selling in the wake of President Trump, and members of his family and a key staff member, testing positive for COVID-19. The news, which came overnight, is…
Healthcare giant UHS hit by ransomware attack, sources say
Universal Health Services, one of the largest healthcare providers in the U.S., has been hit by a ransomware attack. The attack hit UHS systems early on Sunday morning, according to…
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What happens when public SaaS companies don’t meet heightened investor expectations?
Late last week we discussed how, this deep into the earnings cycle, it appeared that public SaaS and cloud companies had largely made it through the Q2 gauntlet unscathed. Sure, through last week there was a report or two that wasn’t stellar, but by and large the results had been good and SaaS valuations were…
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As SaaS stocks retrace highs, a glance at today’s cloud fundamentals
The domestic stock market is advancing today on the back of some better-than-anticipated economic recovery data in the United States. While retail spending is still lower compared to the year-ago period, gains in May from April were better than anticipated. The American stock market, ready to trade higher on any scrap of good news —…
Los Angeles-based Open Raven raises $15 million from KPCB for its security tech to secure hybrid clouds
Open Raven, the Los Angeles-based security startup founded by a team of cybersecurity veterans from CrowdStrike and SourceClear, has closed on $15 million in new financing only four months after…
SaaS businesses uniquely benefited from falling infrastructure costs, superior business models, low interest rates and a shift from on-premise IT systems, but these tailwinds won’t last forever.
The coronavirus pandemic is, without doubt, the greatest challenge the world has faced in a generation. But the wheels of the world keep turning, albeit slower than during normal times.…
Zoom and CrowdStrike hang onto 2020 gains despite huge earnings expectations
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday after the bell, Zoom and CrowdStrike reported earnings. The…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This week will see two richly valued SaaS businesses share…
CrowdStrike’s new CTO says the coronavirus era is ‘business as usual’
Two months ago, seemingly out of nowhere, CrowdStrike’s co-founder Dmitri Alperovitch decided it was time to depart. Alperovitch, who served as the cybersecurity giant’s chief technology office since its 2011…
It’s easy to say that churn will go up; some customers will close, cancelling contracts (boosting gross churn) while other customers will slow software budget growth (limiting net retention). But…
As Uber and Lyft continue to melt, the 2019 unicorn class loses its shine
You’d be excused for feeling that mid-2019 was in a different decade as far as venture-backed IPOs go. Last year saw a number of successful flotations of venture-backed technology and…
US stocks open lower, erasing recent gains and plunging shares deeper into bear territory
The rollercoaster ride of equity markets continues as all of the major stock indexes opened sharply lower one day after President Donald Trump announced the intention to push through a…
SentinelOne raises $200M at a $1.1B valuation to expand its AI-based endpoint security platform
As cybercrime continues to evolve and expand, a startup that is building a business focused on endpoint security has raised a big round of funding. SentinelOne — which provides a…
There was a lot of moving and shaking in the cybersecurity unicorn world in 2019. It was a year that saw two of the biggest exits in cybersecurity history: CrowdStrike…
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Most tech companies aren’t WeWork
Much attention has been focused on big-burn “software-enabled” startups, but most tech IPOs in the last few years have been SaaS startups.
Microsoft and NSA say a security bug affects millions of Windows 10 computers
Microsoft has released a security patch for a dangerous vulnerability affecting hundreds of millions of computers running Windows 10. The vulnerability is found in a decades-old Windows cryptographic component, known…
6 VCs explain why seed investors now favor enterprise startups
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re digging into seed-stage companies, the vanguard of the…
CrowdStrike’s CEO on how to IPO, direct listings and what’s ahead for SaaS startups
A few days before Christmas, TechCrunch caught up with CrowdStrike CEO George Kurtz to chat about his company’s public offering, direct listings and his expectations for the 2020 IPO market.…
Seed investors favor enterprise over consumer for first time this decade
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. It’s the second to last day of 2019, meaning we’re…
Security is one of the toughest things to get right; a hacker only needs to win once, but businesses have to get it right every single time. Not every company…
CrowdStrike sees revenue growth of more than 100% year-over-year in first earnings report.
Getting remote work working, A16Z in LatAm, transferring H-1Bs, and Uber Air taxis
How to make remote work work TechCrunch columnist Jon Evans has an Extra Crunch-exclusive look on what it takes to get remote work working within an organization. Evans, who has…
Startups Weekly: #CodeCon, the ‘techlash’ and ill-prepared CEOs
In this week’s newsletter: Epic Games throws a houseparty, CrowdStrike soars and a VR startup raises fresh funds.
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Newly public CrowdStrike wants to become the Salesforce of cybersecurity
Q&A with CrowdStrike CEO George Kurtz
In this week’s newsletter: Bird gets acquisitive, Stripe puts on its VC hat and Thumbtack looks for new cash.