CrowdStrike Closes Acquisition of Humio, For $392M
Summary
CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a Sunnyvale, Calif.-based provider of cloud-delivered endpoint and cloud workload protection solutions, completed the acquisition of Humio, a provider of high-performance cloud log management and observability technology. With the acquisition of Humio, CrowdStrike accelerates its XDR capabilities to cloud speed and enhance its ability to solve real-world customer problems with its cloud-native platform by adding index-free data ingestion and analysis capabilities for both first- and third-party data. Humio co-founder and CEO, Geeta Schmidt, co-founder and CTO, Kresten Krab Thorup, and co-founder and chief engineer, Christian Hvitved, are among the key staff joining CrowdStrike. Led by George Kurtz, co-founder and chief executive officer, CrowdStrike provides cloud-delivered endpoint and cloud workload protection solutions. By leveraging artificial intelligence (AI), the CrowdStrike Falcon® platform protects customers against cyberattacks on endpoints and workloads on or off the network by offering visibility and protection across the enterprise.
Funding
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