$3.4 billion cybersecurity company CrowdStrike has filed to go public

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

CapitalG and Accel-backed Crowdstrike publicly filed its S-1 on Tuesday.

The company, which is backed by Google's CapitalG and Accel, plans to list on the Nasdaq under the ticker"CRWD."Crowdstrike sells an end-point security solution which competes with Cylance, a cybersecurity company acquired by Blackberry for $1.4 billion last year, as well as the startup SentinelOne.

The company generated $250 million in revenue in fiscal 2019, which ended on January 31, up 110% from $118.8 million in revenue the year before. Its 2018 revenue was up 125% from $52.7 million in 2017. The company lost $140.1 million in fiscal 2019, up from $135.5 million in losses in 2018 and $91.3 million in 2017.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They use the Falcon Platform

Strangely enough their is MET POLICE financial '& Cyber investigation team special ops called FALCON . Could it be Mi5 posing as Crowd funders for a front to gather Banking Intelligence ?

Joestradamus91 DawsonSField ; just when you didn't think it could get anymore corrupt... F THESE GUYS... They are a true danger to our country...

when is it going to be listed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A Slack director is in hot water with the SEC for saying the company, which just filed to go public, 'will be one of the most important tech companies in the world'Slack says one of its directors made 'unauthorized statements' which may violate 'quiet period' rules in its IPO. Should've pulled a Musk...y'know; be white.
Source: BusinessInsider - 🏆 729. / 51 Read more »

AB InBev files for Hong Kong IPO of Asia business to raise $5 billionThe world's biggest brewer, Anheuser-Busch InBev, filed plans on Friday to ...
Source: Reuters - 🏆 2. / 97 Read more »

Harry’s razors company scores a $1.4-billion win for start-upsAfter years of getting nicked by upstart razor brand Harry’s, the maker of Schick shaving products is now buying the start-up. Harry getting paid Harry’s products are terrible 😂
Source: latimes - 🏆 11. / 82 Read more »