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IPO Scorecard: CrowdStrike Gains 70 Percent on First Trading Day

Xconomy

That close pegged CrowdStrike’s market capitalization at $11.4 Trading began at $63.50 Wednesday, and reached a near-doubling of the company’s IPO price before settling down to close at $58 for a first-day bump of more than 70 percent. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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New Year to Bring New Data Security Threats, Cyber Investor Warns

Xconomy

Bob Ackerman is one of the venture capitalists whose funding has long fed the growth of the burgeoning cybersecurity industry. So, you might imagine that his outlook on data protection for 2019 would be more optimistic than in past years, because businesses now take advantage of a broad choice of security services to protect themselves.

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$100M Round Turns San Diego’s Seismic into Region’s Newest Unicorn

Xconomy

Seismic, an enterprise software company with ambitious growth plans, has raised $100 million in a Series E financing and added Microsoft chairman John W. Thompson to its board of directors.

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CrowdStrike Hauls In $200M, Reports Valuation Over $3 Billion

Xconomy

CrowdStrike , a Silicon Valley cybersecurity company that fends off hackers by patrolling the edge devices connected to a network, announced today it raised $200 million in a financing round that sets the company’s valuation at more than $3 billion.

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Endpoint Security Company CrowdStrike Files Publicly for IPO

Xconomy

CrowdStrike , the cybersecurity company that identified the two Russian government-linked hacker groups that invaded the Democratic National Committee (DNC)’s network during the 2016 presidential campaign, filed publicly for an initial public offering on Tuesday.

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Talk of Broadcom Buyout of Symantec Puts Broader IT Focus Into View

Xconomy

Broadcom is once, twice, three times a multi-billion-dollar dealmaker (well, basically) in the past year if it follows through on its reported talks to acquire Mountain View, CA-based cybersecurity giant Symantec. Though it is one of the largest cybersecurity software providers, Symantec is.