CrowdStrike (CRWD) perpetual market

CrowdStrike is a leading cybersecurity company built around a cloud-native platform for protecting endpoints such as laptops, servers and cloud workloads. Founded in 2011 by George Kurtz, it pioneered delivering security through a lightweight agent that streams data to the cloud, where its Falcon platform uses analytics and threat intelligence to detect and stop attacks in real time, a model that helped it grow quickly and win large enterprise customers. It sells a growing suite of modules on a subscription basis, expanding from endpoint protection into areas such as cloud security, identity and log management. CrowdStrike became one of the most valuable pure-play cybersecurity firms, riding rising demand as organizations face constant cyber threats. In 2024 a faulty software update it pushed out caused a massive global IT outage, a high-profile stumble that tested customer trust, though the company has continued to grow as security spending remains a corporate priority.