The ADT for your company's digital assets and computers.

It's like the next-generation Norton Antivirus or McAfee, but entirely cloud-based and designed for modern cyber threats.

Think of it as the Salesforce.com for cybersecurity, offering a comprehensive suite of cloud-native security services to businesses.

CrowdStrike (CRWD) provides a suite of cybersecurity products and services, primarily delivered through its cloud-native Falcon platform:

• CrowdStrike Falcon Platform: A cloud-native cybersecurity platform that unifies various security modules to deliver comprehensive protection across endpoints, cloud workloads, identity, and data.
• Endpoint Security (EPP/EDR): Offers next-generation antivirus, endpoint detection and response, and managed threat hunting to prevent and detect breaches on devices.
• Cloud Security: Provides visibility, threat detection, and posture management for multi-cloud environments, securing workloads, containers, and serverless functions.
• Identity Protection: Detects and prevents identity-based attacks such as credential theft and lateral movement by continuously monitoring user behavior and authentication.
• Data Protection: Identifies, monitors, and protects sensitive data on endpoints from exfiltration and ensures compliance with data security policies.
• Managed Detection and Response (Falcon Complete): A 24/7 managed service where CrowdStrike experts proactively hunt, detect, and respond to threats using the Falcon platform on behalf of customers.
• Threat Intelligence: Delivers actionable, contextualized threat intelligence and indicators of compromise to help organizations understand and anticipate adversary tactics.
• LogScale: A high-performance, cloud-native SIEM and observability platform designed for real-time log management, security analytics, and operational monitoring.

CrowdStrike (CRWD) - Major Customers

CrowdStrike primarily sells its cybersecurity products and services to other companies and government organizations (B2B and B2G) rather than to individual consumers.

Due to the sensitive nature of cybersecurity and client confidentiality, CrowdStrike does not publicly disclose the names of its specific major customers. However, based on their reported market penetration and strategic focus, their major customer segments can be categorized as:

• Large Enterprises Across Diverse Industries: CrowdStrike serves a significant number of large organizations, including those in the Fortune 100, Fortune 500, and Global 2000. These customers span various sectors such as financial services, healthcare, manufacturing, retail, technology, and energy, relying on CrowdStrike for endpoint protection, cloud security, and threat intelligence.
• Government Agencies: CrowdStrike has a strong presence within the public sector, providing cybersecurity solutions to federal, state, and local government entities. This includes defense, intelligence, and civilian agencies that require robust protection against sophisticated cyber threats.
• Small and Medium-sized Businesses (SMBs): While known for its enterprise reach, CrowdStrike also serves a broad base of SMBs, often through its extensive network of channel partners. These smaller organizations leverage CrowdStrike's scalable, cloud-native platform to gain enterprise-grade security capabilities without the overhead of traditional solutions.

• Amazon Web Services (AWS) - a subsidiary of Amazon.com, Inc. (AMZN)

George Kurtz CEO and Founder
George Kurtz is the co-founder and CEO of CrowdStrike, a global leader in cybersecurity. With over 30 years of experience in the security space, he is recognized as an internationally acclaimed security expert, author, entrepreneur, and speaker. Prior to CrowdStrike, Mr. Kurtz founded Foundstone in 1999, a worldwide security products and services company, which was acquired by McAfee in 2004. Following the acquisition, he held key roles at McAfee, including Worldwide Chief Technology Officer, General Manager, and Executive Vice President. In November 2011, Mr. Kurtz joined private equity firm Warburg Pincus as an "entrepreneur-in-residence," where he began developing the concept for CrowdStrike, which was co-founded in February 2012 with initial funding from Warburg Pincus. He also co-authored the best-selling security book "Hacking Exposed: Network Security Secrets & Solutions".

Burt Podbere Chief Financial Officer
Burt Podbere serves as the Chief Financial Officer at CrowdStrike, overseeing the company's financial strategy and operations and setting strategic direction for its worldwide expansion. He has been instrumental in guiding CrowdStrike through over $1 billion in equity financing and its high-profile 2019 IPO. Mr. Podbere joined CrowdStrike in 2015. He brings extensive international finance experience, having previously held CFO positions at OpenDNS and Net Optics. He is a CPA from the Canadian Institute of Chartered Accountants.

Michael Sentonas President
Michael Sentonas is the President of CrowdStrike, responsible for the company's product and go-to-market functions, including sales, marketing, product & engineering, threat intelligence, privacy & policy, corporate development, corporate strategy, and CTO teams. With over 20 years of experience in cybersecurity, Mr. Sentonas joined CrowdStrike in 2016 and previously served as Vice President, Technology Strategy, and Chief Technology Officer before being promoted to President in March 2023. Prior to joining CrowdStrike, he held multiple leadership roles at McAfee (formerly Intel Security), including Chief Technology Officer – Security Connected and Chief Technology and Strategy Officer Asia-Pacific.

Elia Zaitsev Chief Technology Officer
Elia Zaitsev leads CrowdStrike's technology roadmap, driving advancements in data science, artificial intelligence, and malware research. He was named Global CTO in 2023 and has played a key role in evolving the Falcon platform. Mr. Zaitsev joined CrowdStrike in 2013 as its first sales engineer and previously held positions at IBM, i2 Inc., and Northrop Grumman.

Shawn Henry Chief Security Officer
Shawn Henry serves as the Chief Security Officer at CrowdStrike. A former Federal Bureau of Investigation (FBI) official, he was hired by CrowdStrike in 2012 to lead CrowdStrike Services, Inc., which provides security and response services. He also acts as an Executive Advisor to the CEO/Founder.

The rapid and comprehensive expansion of Microsoft's integrated security platform, leveraging its control over the Windows operating system and its vast enterprise software ecosystem (Azure, M365). This provides a compelling, deeply integrated, and often cost-effective alternative to CrowdStrike's offerings across endpoint, cloud, and identity security, making it a significant challenger for customer consolidation initiatives.

CrowdStrike (CRWD) is anticipated to drive future revenue growth over the next 2-3 years through several key strategies:

1. Expansion of the Falcon Platform and Increased Module Adoption: CrowdStrike's "land and expand" strategy is a significant growth driver, with existing customers progressively adopting more modules on the Falcon platform. The Falcon Flex subscription model is instrumental in encouraging platform adoption and consolidation among customers, leading to increased Annual Recurring Revenue (ARR) per client. The Falcon platform currently offers over 20 modules, and customers are increasingly adding more over time, boosting dollar-based net retention.
2. Growth in Emerging Cybersecurity Markets: Cloud Security, Identity Protection, and Next-Gen SIEM: CrowdStrike is experiencing rapid growth and is strategically focused on segments like cloud security, identity protection, and next-generation Security Information and Event Management (SIEM), often referred to as LogScale. These areas have demonstrated strong year-over-year ARR growth and represent substantial market opportunities. For instance, in Q2 FY2026, cloud, identity, and next-gen SIEM platform solutions collectively had over $1.56 billion in ending ARR, growing more than 40% year-over-year.
3. Strategic Acquisitions and AI-driven Innovation: The company's commitment to innovation, particularly its AI-native platform, is a core revenue driver. CrowdStrike leverages AI to enhance its threat detection and remediation capabilities through initiatives like Falcon X and Charlotte AI. Strategic acquisitions, such as Adaptive Shield for SaaS posture management and Onum for data pipeline and Next-Gen SIEM, further expand CrowdStrike's product offerings and market reach.
4. Expansion into New Customer Segments, particularly the Federal Government: CrowdStrike is actively expanding its customer base into new segments. The recent Federal Risk and Authorization Management Program (FedRAMP) authorization allows the company to compete for lucrative contracts within the U.S. federal government, opening up a significant new market opportunity with high-margin subscription revenue.
5. Leveraging the Partner Ecosystem: CrowdStrike's robust partner network is a crucial contributor to its growth. Partners play a vital role in acquiring new accounts and accelerating platform adoption. An independent study by Canalys indicated that partners can generate up to $7 in services revenue for every $1 spent on the CrowdStrike Falcon platform, highlighting the significant leverage of the ecosystem in driving overall revenue.