Hack Investigator CrowdStrike Reaches $1 Billion Valuation [Fortune]
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Source: Fortune
CrowdStrike, the cybersecurity firm that burst onto the national scene during the U.S. election season last year when it became the first to pin a data breach at the Democratic National Committee on Russia , said on Wednesday that it has closed a $100 million funding round at a valuation exceeding $1 billion. The new round has propelled the firm into the rarified ranks of the "unicorn" club, the group of startups valued at a billion dollars or more. The company has raised $256 million to date. The latest fundraising was led by Accel, a venture capital firm based in Palo Alto, Calif. that also participated in two of CrowdStrike's earlier funding rounds . Joining the latest round were new investors March Capital Partners, a year-old VC firm based in Santa Monica, Calif., and Telstra, Australia's biggest telecom company and an early CrowdStrike customer, as well as existing investors CapitalG (formerly Google Capital) and Warburg Pincus. Founded six years ago, CrowdStrike
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