CrowdStrike Holdings is the world's leading cloud-native cybersecurity company. Its Falcon platform uses AI to protect endpoints, identities, and cloud workloads for 29,000+ organizations globally. Moved its headquarters from Sunnyvale, CA to Austin, TX in 2021.
CrowdStrike Holdings, Inc. is an American cybersecurity technology company headquartered in Austin, Texas. The company provides cloud-delivered endpoint protection, threat intelligence, identity security, and cloud workload security through its unified Falcon platform.
CrowdStrike's core differentiation is its cloud-native, AI-first architecture. Unlike legacy antivirus vendors that relied on signature-based detection (requiring periodic updates), Falcon uses machine learning to detect unknown and zero-day threats in real time — and collects threat intelligence across all customer endpoints simultaneously, making every deployment smarter as more data flows in.
As of FY2025, CrowdStrike protects over 29,000 organizations globally — including a significant portion of the Fortune 500 and major government agencies. The company generates approximately $3.95B in annual recurring revenue and is consistently ranked #1 in the Gartner Magic Quadrant for Endpoint Protection Platforms.
All CrowdStrike services are delivered through the single Falcon platform — a cloud-native agent installed on endpoints that streams telemetry to CrowdStrike's cloud for real-time processing and AI analysis.
Next-generation antivirus replacing legacy signature-based tools with AI/ML-driven prevention.
Extended detection and response across endpoints, identities, cloud, and third-party data sources.
Adversary intelligence — tracking 230+ threat actors and providing attribution, TTPs, and IOCs.
Detects and prevents identity-based attacks, credential theft, and lateral movement in real time.
Cloud-native application protection — securing containers, Kubernetes, and cloud workloads.
Generative AI security analyst that surfaces threat context and automates investigation workflows.
CrowdStrike relocated its global headquarters from Sunnyvale, California to Austin, Texas in 2021 — joining a wave of major technology companies making the same move (including Oracle, Tesla, and HP Enterprise). CEO George Kurtz cited Austin's “deep technology talent pipeline, quality of life, and business climate” as primary factors.
CrowdStrike's Austin campus serves as the company's operational headquarters for product leadership, executive functions, and engineering. Since the move, the company has added hundreds of high-paying cybersecurity and engineering roles to the Austin technology ecosystem.
Austin's position as a hub for cybersecurity companies has grown significantly — with CrowdStrike as the anchor. The city now hosts a number of security companies in what some have termed the “Silicon Hills security corridor.”
Founded in Sunnyvale, CA by George Kurtz (ex-McAfee CTO), Dmitri Alperovitch, and Gregg Marston. Mission: stop breaches through cloud-native, AI-powered security.
Publicly attributed the Sony Pictures hack to North Korean state actors — raising the company's profile in threat intelligence.
Investigated and attributed the Democratic National Committee (DNC) breach to Russian GRU operatives (Fancy Bear / APT28 and Cozy Bear / APT29). CrowdStrike becomes a household name in cybersecurity.
IPO on NASDAQ (CRWD), raising $612M. Stock more than doubled on its first day of trading, valuing the company at ~$6.7B.
Dmitri Alperovitch departs CrowdStrike to found Silverado Policy Accelerator, a national security think tank.
Moved global headquarters from Sunnyvale, CA to Austin, TX. Becomes one of Austin's anchor cybersecurity companies.
ARR surpasses $3B. CrowdStrike ranked #1 in Gartner Magic Quadrant for Endpoint Protection Platforms for the 4th consecutive year.
A faulty Falcon content configuration update causes the largest IT outage in recorded history — affecting 8.5 million Windows devices worldwide. Airlines grounded, hospitals impacted, banks disrupted. CrowdStrike deploys a fix within hours but many systems require manual recovery.
⚠️ On July 19, 2024, a CrowdStrike software update caused what was later determined to be the largest IT outage in recorded history.
CrowdStrike deployed a routine Falcon sensor content configuration update (a “channel file”) to Windows systems running the Falcon agent. A defect in the update caused affected systems to enter an infinite blue-screen-of-death (BSOD) reboot loop. Approximately 8.5 million Windows devices worldwide were affected.
The cascading failure impacted critical infrastructure globally:
CrowdStrike CEO George Kurtz issued a public apology and the company deployed a fix within hours, but recovery required manual intervention on individual devices — a time-consuming process for organizations with thousands of endpoints. The company faced class-action lawsuits, congressional scrutiny, and significant reputational damage, though most enterprise customers retained their CrowdStrike contracts.
CrowdStrike Holdings, Inc.
Cybersecurity SaaS
Texas Presence
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