Going public makes $12 billion CrowdStrike an anomaly in crowded cybersecurity space where M&A is the norm. Here's why. (CRWD, CSCO, PANW)

Jun 17 2019 by Business Insider

 

CrowdStrike, the Google and Accel-backed end-point security company, went public last week, bucking the trend toward M&A that keeps most cybersecurity startups from hitting the public markets. Just five companies in cybersecurity valued over $100 million have gone public in IPOs since 2018, while 36 companies have gotten acquired, according to PitchBook data. Click here for more BI Prime stories.

CrowdStrike's  initial public offering last week was a boon for early investors, but there's...

Continue Reading Going public makes $12 billion CrowdStrike an anomaly in crowded cybersecurity space where M&A is the norm. Here's why. (CRWD, CSCO, PANW)