Yahoo – Finance – Business Wire
AUSTIN, Texas, January 11, 2022–(BUSINESS WIRE)–CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, today announced the launch of Falcon Fund II, a $100 million investment vehicle in partnership with Accel focused on cross-stage private investments within cybersecurity and relevant adjacent markets. Five times the size of the initial Falcon Fund, Falcon Fund II represents CrowdStrikeâs commitment to growing the cybersecurity technology ecosystem across adjacent markets as one of the largest strategic venture arms in cybersecurity.
CrowdStrikeâs Falcon Fund II will build on the success of the original Falcon Fund, which has made investments in companies like Corelight, Cribl, JumpCloud and Tines in 2021. Falcon Fund II will continue to broaden CrowdStrikeâs ecosystem of meaningful technology partnerships, including new vendors for the CrowdStrike Store.
With Falcon Fund II, CrowdStrike aims to: Dramatically increase its ability to fund the next generation of emerging vendors Build upon the success of the initial Falcon Fund Form long-term alliances with companies that can benefit from CrowdStrikeâs expertise and knowledge base
Link: https://au.finance.yahoo.com/news/crowdstrike-launches-falcon-fund-ii-130000228.html?guccounter=1