Cyber security is more important than ever before, and not just for people, but for corporations and even governments as well. One company that’s working to combat the growing threat of cyber attacks is Crowdstrike, which offers services that allow corporations and governments to find and stop cyber attacks in real time. To help the company expand, Google has announced a massive $100 million investment in Crowdstrike.
Security startup Crowdstrike is expected to announce a $100 million investment from Google Capital next week, a person close to the company told Business Insider, although this source did not reveal the valuation. CrowdStrike was founded by two ex-McAfee execs in 2011. It offers a cloud tool that helps governments and enterprises discover and stop an attack as it it occurring (that can be harder problem to solve than it sounds). While security companies tend to not talk much about the customers that use their products, CrowdStrike says that its customers include some of the largest blue chip companies in the financial services, as well as companies in energy, oil & gas, telecommunications, retail, and tech and government. Its analysis of the big hack at the government’s Office of Personnel Management (OPM) indicated the hack came from Chinese hackers, Re/Code reported.