CrowdStrike, the US-based cybersecurity software provider backed by internet technology group Alphabet and telecommunications firm Telstra, has raised $25m in funding, the Wall Street Journal has reported.
The funding represents an extension to the company’s series D round, which initially closed at $100m in May this year, and the deal was done to accommodate investor interest, according to the WSJ.
CrowdStrike’s Falcon cybersecurity software includes endpoint protection, threat intelligence, incident response and ransomware protection.
Venture capital firm Accel led the first series D tranche, which included Telstra, Alphabet’s growth equity arm CapitalG, private equity firm Warburg Pincus and VC firm March Capital Partners.
The series D round valued CrowdStrike at more than $1bn and took its total funding to $256m. CapitalG had led the company’s $100m series C round in 2015, which included Accel, Warburg Pincus and cloud computing services provider Rackspace.