Irvine-based CrowdStrike Inc. raised $100 million in its latest funding round, the second time the security software maker has hit that benchmark.
The Series D round was led by current investor Accel. Other prior backers include CapitalG, formerly Google Capital, and Warburg Pincus. New investors include March Capital Partners and CrowdStrike customer Telstra.
CrowdStrike, established in 2011 by former executives of McAfee Inc. and Networks in Motion Inc., said it’s raised $248 million, with a valuation of over $1 billion.
Proceeds from the round will fund global expansion and help meet demand for the CrowdStrike Falcon product for endpoint protection.
The software maker’s revenue has risen well past $50 million through hundreds of government agencies and Fortune 500 customers that pay a monthly subscription for cloud-based software services. Its products are designed to detect, prevent and respond to security threats and attacks and provide monitoring, cyber intelligence services and big data analytics.
CrowdStrike first hit the $100 million fundraising milestone in July 2015 in a Series C round led by Google Capital.
—Chris Casacchia
