CrowdStrike

growth-positive

Seraphic has announced that its Secure Enterprise Browser (SEB) solution is now available for purchase in the CrowdStrike Marketplace. This integration allows customers to access Seraphics browser-native protection directly within the CrowdStrike Falcon platform, enhancing security by providing real-time visibility into browser activity and user behaviors. The partnership with CrowdStrike aims to address the increasing cyber threats targeting browsers, which are often overlooked by traditional security solutions. The integration empowers joint customers with faster detection and response capabilities. Seraphic is recognized for its innovative technology in the Enterprise Browser Security market and is backed by several investors, including the CrowdStrike Falcon Fund.

growth-positive

Cyera, an Israeli cybersecurity company, has raised $300 million in a Series D funding round, led by Accel and Sapphire Ventures, at a valuation of $3 billion. The company plans to expand its workforce from 400 to 600 employees by the end of 2025, focusing on hiring in Israel. Cyera recently acquired Trail Security for $162 million, enhancing its Data Security Posture Management solution. The company has added over 50 new customers, many of which are large enterprises, and aims to reach $100 million in revenue by the second half of next year. Cyeras platform leverages AI and machine learning to protect data across various environments, positioning itself as a leader in the cybersecurity industry.

growth-positive

CrowdStrike is acquiring Israeli cybersecurity startup Adaptive Shield for approximately $300 million. Adaptive Shield, founded in 2019, specializes in SaaS security solutions that help manage applications and identities, detecting unusual behavior in cloud environments. The company previously raised $10 million from Blackstone and $30 million in a Series A round led by Insight Partners, with participation from Okta Ventures and Vertex Ventures Israel. The acquisition aligns with CrowdStrikes strategy to enhance its identity-based protection capabilities in the cloud. Despite a recent outage, CrowdStrikes share price has increased by 25% this year, reflecting strong market confidence.

growth-positive

CrowdStrike, a leading US cybersecurity company, has acquired Israeli cloud security startup Adaptive Shield. The acquisition, estimated at $300 million, marks CrowdStrikes continued expansion in the Israeli market, following previous acquisitions of Flow Security, Bionic, Reposify, and Preempt Security. Adaptive Shield, based in Tel Aviv, specializes in SaaS security solutions, helping organizations manage cybersecurity risks in cloud applications. The acquisition is expected to enhance CrowdStrikes identity-based protection capabilities. Key investors in Adaptive Shield include Vertex Ventures, Insight Partners, Okta Ventures, and Blackstone. The deal is seen as a significant return for these investors, with the transaction being paid mostly in cash and partly in stock.

Growth-Negative

A faulty software deployment by CrowdStrike caused the largest IT outage in history, impacting organizations and lives globally. The outage highlighted the risk of over-reliance on single sources of technology and software, and the lack of resilience. The event has become a blueprint for nation-state adversaries to recalibrate tactics and cause devastating consequences. The outage also showed that power and water resources remain most at risk of significant attack. The full effects of the outage have yet to be quantified, but it has severely affected critical operations in hospitals and air travel, and even caused 9-1-1 to go down.