Home / Definitions / CrowdStrike


Sam Ingalls
Last Updated August 30, 2021 8:33 am
A graphic showing the Webopedia logo with "What is..." and the logo for CrowdStrike. Designed by Sam Ingalls.

CrowdStrike is a cybersecurity company dedicated to stopping breaches through endpoint security and cloud-native network security solutions for SMBs to enterprise organizations.

The Silicon Valley-based CrowdStrike receives consistent recognition for its threat intelligence and incident response initiatives, but its core solution has long been its next-generation endpoint protection. All wrapped up into a single cloud platform, CrowdStrike’s flagship product is Falcon.

The Current State of CrowdStrike

CrowdStrike currently serves almost two-thirds of the Fortune 100 companies and dozens more globally of the top financial, healthcare, and energy organizations. CrowdStrike’s accolades are at article bottom, which includes “Leader” designations in both Gartner Magic Quadrant and the Forrester Wave in recent years.

The Falcon platform’s knowledge base is an AI-powered threat intelligence and detection tool, CrowdStrike Threat Graph. Current metrics show the Threat Graph captures more than 5 trillion events per week, tracks over 149 adversaries, and can hunt through over 15 petabytes of global telemetry data. 

See CrowdStrike and the rest of the top endpoint solutions in IT Business Edge’s Top Endpoint Security and Protection Software.

CrowdStrike Products and Solutions

CrowdStrike offers products for six critical areas of cybersecurity. The following table breakdowns those areas and specific tools available.

Endpoint Security Next-generation anti-virus, EDR, device control, and firewall management
Cloud Security Integration with AWS, Azure, and GCP, a cloud security product manager, and container security
Identity Protection Identity threat detection and zero trust
Managed Services MDR, threat hunting, and an assigned intrusion analyst
Threat Intelligence Automated intelligence, cyber threat intelligence, assigned intel analyst, and digital risk protection
Security IT Operations Security hygiene, vulnerability management, and forensic cybersecurity

CrowdStrike Falcon unites all of these solutions in their web-accessible cloud platform. With its range of products, CrowdStrike offers a near-comprehensive stack of security software.

CrowdStrike Competitors

  • Carbon Black
  • Cylance
  • Fortinet
  • Mandiant FireEye
  • Orange Cyberdefense
  • Palo Alto Networks
  • SentinelOne

Cyberattack Incident Response

Crowdstrike prioritizes challenges like intellectual property theft, financially motivated crimes, destructive attacks, and data breaches for incident response. Alongside its growth as an enterprise cybersecurity company, CrowdStrike’s experience includes several high-profile incident response and attribution cases. 

  • 2014: Assisted US Department of Justice with Chinese cyber-espionage case
  • 2014: Assisted Sony Pictures in attributing their attack to North Korea
  • 2016: Assisted in investigating cyberattacks against the Democratic National Committee
  • 2018: Assisted in revealing cyberattack on the 2018 Winter Olympics in South Korea
  • 2020: Assisted in the malware analysis of the SolarWinds attack

Recognition for CrowdStrike

In just a decade, CrowdStrike’s developed an impressive industry record. Notable accomplishments and recognitions include:

A graphic showing that CrowdStrike's accolades include recognition from CRN Magazine, Deloitte, CNBC, Forbes, LinkedIn, Gartner, Forrester, and SC Magazine. Designed by Sam Ingalls.

CrowdStrike: Company Background

In 2011, CrowdStrike was launched in Sunnyvale, California, by founders George Kutz, Gregg Marston, and Dmitri Alperovitch. Kurtz, former CTO of McAfee, spearheaded the effort telling Reuters in February 2012: 

“The industry continues to focus on the malware…which is aking to focusing on the gun as opposed to the shooter committing the crime. The person or organization pulling the trigger (or deploying the malware) is the one that you ultimately need to focus on.” 

A graphic showing CrowdStrike's revenue growth from 2017 to 2021. Showing an increase from $53 million in 2017 to an estimated $855 million in 2021. Designed by Sam Ingalls. Source: CrowdStrike FEC Filings.

Growth and Financials

Company revenues (in millions) have nearly doubled every year between 2017 and 2021. In June 2019, it went public with an IPO on the NASDAQ exchange under the ticker symbol CRWD.