History of CrowdStrike in Timeline

CrowdStrike is a cybersecurity technology company based in Austin, Texas. It specializes in providing endpoint security, threat intelligence, and cyberattack response services, helping organizations protect themselves from a wide range of cyber threats. The company's main offering is the Falcon platform, which delivers cloud-based endpoint protection through a lightweight agent.

June 2013: CrowdStrike Launches Falcon

In June 2013, CrowdStrike launched CrowdStrike Falcon, an antivirus package, which was the company's first product.

May 2014: CrowdStrike Reports Help Charge Chinese Military Hackers

In May 2014, CrowdStrike's reports assisted the United States Department of Justice in charging five Chinese military hackers with economic cyber espionage against U.S. corporations. CrowdStrike also uncovered the activities of Energetic Bear, a group connected to Russia's Federal Security Service.

2014: CrowdStrike Uncovers North Korea's Involvement in Sony Pictures Hack and Identifies Putter Panda

In 2014, following the Sony Pictures hack, CrowdStrike uncovered evidence implicating the government of North Korea and demonstrated the attack methods. Also in 2014, CrowdStrike helped identify members of Putter Panda, a Chinese state-sponsored hacking group.

May 2015: CrowdStrike Releases Information About VENOM Flaw

In May 2015, CrowdStrike released information about VENOM, a critical flaw in Quick Emulator (QEMU), an open-source hypervisor.

July 2015: Google Invests in CrowdStrike's Series C Funding Round

In July 2015, Google invested in CrowdStrike's Series C funding round.

October 2015: CrowdStrike Identifies Chinese Hackers Attacking Tech and Pharma Companies

In October 2015, CrowdStrike announced it identified Chinese hackers attacking technology and pharmaceutical companies, around the time of an agreement between the U.S. and China regarding economic espionage.

December 2016: CrowdStrike Reports Russian Hack of Ukrainian Artillery App

In December 2016, CrowdStrike released a report stating that Fancy Bear, a Russian government-affiliated group, had hacked a Ukrainian artillery app, concluding that Russia had used the hack to cause significant losses to Ukrainian artillery units.

November 2017: CrowdStrike Acquires Payload Security

In November 2017, CrowdStrike acquired Payload Security, a firm specializing in automated malware analysis sandbox technology.

June 2018: CrowdStrike Valued at Over $3 Billion

In June 2018, CrowdStrike announced it was valued at more than $3 billion.

June 2019: CrowdStrike Goes Public on Nasdaq

In June 2019, CrowdStrike made its initial public offering on the Nasdaq stock exchange.

September 2020: CrowdStrike Acquires Preempt Security

In September 2020, CrowdStrike acquired Preempt Security, a provider of zero trust and conditional access technology, for $96 million.

February 2021: CrowdStrike Acquires Humio

In February 2021, CrowdStrike acquired Humio, a Danish log management platform, for $400 million with plans to integrate its log aggregation into CrowdStrike's XDR offering.

December 2021: CrowdStrike Moves Headquarters to Austin, Texas

In December 2021, CrowdStrike relocated its headquarters from Sunnyvale, California, to Austin, Texas.

July 2022: Launch of Cloud Threat Hunting Service

In July 2022, CrowdStrike launched a Cloud Threat Hunting Service.

October 2022: CrowdStrike Acquires Reposify

In October 2022, CrowdStrike acquired Reposify, an external attack surface management vendor for risk management.

May 2023: Charlotte AI Launched

In May 2023, CrowdStrike launched Charlotte AI, a generative AI security analyst, as part of Falcon's AI-driven security updates.

September 2023: Falcon Foundry Launched

In September 2023, CrowdStrike launched Falcon Foundry, a no-code application development platform.

2023: CrowdStrike Acquires Bionic.ai and Introduces CrowdStream Service

In 2023, CrowdStrike acquired Israeli cybersecurity startup Bionic.ai and introduced the CrowdStream service in collaboration with Cribl.io.

2023: CrowdStrike Spent $620,000 on Federal Lobbying

In 2023, CrowdStrike spent $620,000 on federal lobbying, according to OpenSecrets.

June 2024: CrowdStrike Joins S&P 500 Index

In June 2024, CrowdStrike was added to the S&P 500 index.

July 2024: CrowdStrike Issues Patch After Faulty Update

In July 2024, after a faulty update on July 19th, CrowdStrike issued a patch. However, affected computers were unable to connect to the Internet to download the patch. The recommended solution was to boot into safe mode and manually delete Channel File 291. On 22 July 2024, CrowdStrike shares closed the trading day with a loss of 13.46%.

July 2024: Software Update Causes Widespread Disruptions

On July 19, 2024, a software configuration file update to the Falcon endpoint detection and response agent caused blue screens of death on Microsoft Windows machines, disrupting millions of computers globally.

July 19, 2024: Faulty Security Software Update Causes Global Outages

On July 19, 2024, CrowdStrike issued a faulty update to its security software. This update resulted in global computer outages, disrupting various services including air travel, banking, and broadcasting.

August 2024: CrowdStrike Published Root Cause Analysis

On August 6, 2024, Crowdstrike published a Root Cause Analysis to explain the causes of the Channel File 291 Incident. CrowdStrike made process improvements in response to the 19 July incident, including adding new content configuration test procedures.

September 2024: Launch of CrowdStrike Financial Services

In September 2024, CrowdStrike launched CrowdStrike Financial Services, offering payment solutions and financing to improve access to the Falcon platform.