CrowdStrike, the developer of a security technology that looks at changes in user behavior on networked devices and uses that information to identify potential cyber threats, has reached a $3 billion valuation on the back of a new $200 million round of funding.
The company’s hosted endpoint security technology has seen tremendous adoption worldwide and its popularity was able to win the attention of General Atlantic, Accel, and IVP which co-led the company’s latest round. Previous investors March Capital and CapitalG both participated in the company’s new financing.
For companies seeing the number of devices that are accessing their corporate networks proliferate rapidly, the CrowdStrike hosted security technology is one of several potential fixes to what’s becoming a significant problem.
For CrowdStrike that’s meant doubling revenues and he…