CrowdStrike acquires Humio for $400 million
Summary
Cyber-security powerhouse CrowdStrike announced today it acquired log management firm Humio for $400 million in a deal expected to close at the end of Q1 2021. Humio, a London-based startup that launched in 2016, provides products to simplify streaming, aggregating, and managing logs collected from large cloud-based enterprise networks. The company previously raised $32 million across two funding rounds and lists customers such as Bloomberg, HPE, Lunar, M1 Finance, Michigan State University, and SpareBank 1. "We conducted a thorough market review of existing solutions and were amazed by Humios mature technology architecture and proven ability to deliver at scale," said George Kurtz, co-founder and chief executive officer of CrowdStrike. "The combination of real-time analytics and smart filtering built into CrowdStrikes proprietary Threat Graph and Humios blazing-fast log management and index-free data ingestion dramatically accelerates our XDR capabilities beyond anything the market has seen to date."
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