The round was led by Accel Venture Partners and included founding investor Warburg Pincus

Sep 9, 2013 19:31 GMT  ·  By

IT security firm CrowdStrike has raised a total of $30 million (€22 million) in Series B financing. Accel Venture Partners led the round, but founding investor Warburg Pincus also took part.

Sameer Gandhi, a partner at Accel Partners, will join the company’s board of directors.

The raised money will be used to support CrowdStrike’s growth strategy, and to drive innovation in security intelligence and big data analytics.

CrowdStrike has recently launched the Falcon Platform, a service that enables organizations to identify and mitigate sophisticated threats with the aid of a global network of host-based detection sensors.

“The completion of our funding is perfectly timed to meet growing demand for targeted attack detection, prevention, and monitoring,” says George Kurtz, president/CEO and co-founder of CrowdStrike.

“Accel Partners has a thorough understanding of the big data sector and has displayed continued commitment to the market with their big data fund. We're looking forward to deep collaboration with Accel Partners and Warburg Pincus as we work together to combat the proliferation of advanced attacks and increasingly sophisticated cyber threats.”