BB - CrowdStrike Seeks $100 Million U.S. IPO
Quick Take
CrowdStrike Holdings (OTC:CRWD) has filed to raise gross proceeds of $100 million from a U.S. IPO, according to an S-1 registration statement.
The firm provides AI-powered cloud endpoint security services to enterprises.
CRWD is growing rapidly and has produced impressive metrics, although the firm has not turned toward profitability.
Company & Technology
Sunnyvale, California-based CrowdStrike was founded in 2011 to provide cloud-based endpoint security solutions that protect virtual, on-premise, and cloud environments on a variety of endpoints, including desktops, servers, laptops, Internet of Things [IoT] devices, and virtual machines.
Management