Rackspace invests in CrowdStrike Series C funding round

“Security is a top priority for Rackspace, and we’re committed to being world-class in our ability to deter, detect and respond to cyber attacks,” said Brian Kelly, chief security officer at Rackspace. “As a CrowdStrike customer, we’ve seen firsthand how effective its platform is in helping us prevent cyber attacks, as we work to serve over 300,000 business customers each day. Rackspace and its leadership team have the utmost confidence in CrowdStrike’s ability to provide industry-leading, next-generation security solutions.”

Rackspace was an early adopter of the CrowdStrike Falcon platform in 2013. The company provides Rackspace’s 24x7x365 Security Operations Center with the expertise, technology and threat intelligence needed to help protect customers from advanced cyber attacks, even malware-free intrusions.

“Rackspace strives to invest in companies with differentiated technology, high product efficacy and transformational strategic value,” said Brannon Lacey, senior director of strategic projects at Rackspace. “CrowdStrike encompasses all of these characteristics, and is uniquely positioned to play an increasingly important role in the cyber security space.”

Rackspace offers a variety of security controls and techniques focused on deterring, detecting and responding to security issues, including integrated threat intelligence and analytics, zero-day detection and defense, continuous/risk-based authentication and more. Later this year, Rackspace plans to extend its service offering with advanced security capabilities directly to customers’ environments, tailoring protection from advanced threats to specific customer needs, threat profiles and environments. CrowdStrike will play a key role in this new service offering.

“As both a customer and an investor, Rackspace is a valuable go-to market partner for CrowdStrike as we work to completely transform the security industry,” said George Kurtz, co-founder and chief executive officer at CrowdStrike. “Rackspace has been an influential proponent of disruptive technologies and sees the value of our cloud-based endpoint protection platform as well as our unique proactive security services. With this visionary approach, CrowdStrike is disrupting the multi-billion dollar endpoint security market and has become the standard for next-generation endpoint protection”