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New Cybersecurity Alliance Continues Trend of Industry Collaboration

Xconomy

For the cybersecurity industry, 2016 is shaping up to be the year of alliances. There have been a series of tie-ups, as security-tech companies try to boost their businesses and amplify their products via acquisitions. The C³ Alliance is led by CyberArk, and SecureAuth and SailPoint are also members of that group.

Press 40
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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.

Company 46
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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. CrowdStrike’s Series E financing round was led by General.

Report 49
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IPO Scorecard: CrowdStrike Gains 70 Percent on First Trading Day

Xconomy

Cybersecurity firm CrowdStrike delivered the kind of market debut this week that was an unfulfilled dream for the much-anticipated IPOs of Uber and Lyft earlier this year. Sunnyvale, CA-based CrowdStrike (NASDAQ: CRWD ) priced 18 million shares of common stock at $34 on Tuesday. Trading began at $63.50

Pricing 54
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5 Takeaways From the WannaCry Ransomware Attack

Xconomy

By exploiting a vulnerability in Microsoft Windows, the malware freezes computers, locks up data and files, spreads to other systems, and asks for a ransom in bitcoin payments. The “WannaCry” virus, which first hit companies and healthcare services on Friday, has infected some 300,000 computer systems in 150-odd countries.

.Net 68