In the aftermath of the WannaCry ransomware attack that infected hundreds of thousands of computers around the globe last week, cybersecurity company CrowdStrike has announced a $100 million round at a valuation of more than $1 billion. The Series D was led by existing investor Accel, with CapitalG, Warburg Pincus, March Capital Partners and Telstra also participating. The fresh capital brings the company’s total equity funding to $256 million.
The Irvine, CA-based company was founded in 2011 to provide cloud-based endpoint protection, threat intelligence and pre- and post-incident response services. CrowdStrike made a name for itself last year when the Democratic National Committee hired the company to investigate interference on its servers from parties believed to be Russian hackers. Other CrowdStrike customers include Sony, Union Bank and Tribune Media.