CROWDSTRIKE
CYBERSECURITY
rowdStrike has established itself as a formidable presence in the cybersecurity market since its founding in 2011, with its share price increasing more than fivefold since its 2019 initial public offering.
The Austin-based company – which now employs more than 10,000 people globally – was established by George Kurtz, Dmitri Alperovitch and Gregg Marston with an initial focus on addressing the limitations of traditional security approaches.
Kurtz, who serves as chief executive, developed the concept for CrowdStrike after his experiences as worldwide Chief Technology Officer at McAfee, where he witnessed firsthand the performance issues of conventional antivirus solutions.
CrowdStrike completed its initial public offering in June 2019, raising US $ 612m with shares priced at $ 34. Today, the company’ s market capitalisation exceeds US $ 90bn.
Before founding CrowdStrike, Kurtz established security firm Foundstone, which was acquired by McAfee in 2004 for $ 86 million. Alperovitch, who served as Chief Technology Officer until 2020, previously held senior positions at McAfee and is now co-founder of the nonprofit Silverado Policy Accelerator.
CROWDSTRIKE
HEADQUARTERS: AUSTIN, TEXAS NUMBER OF EMPLOYEES: 10,118 MARKET CAP: US $ 92.38BN
( MARCH 2025)
CrowdStrike Falcon platform transforms traditional security approach The company’ s core offering, the Falcon platform, marks a significant departure from traditional endpoint security products that rely primarily on signaturebased detection of known threats.
138 April 2025