Startups
CrowdStrike Backs Startup That Fights Email Scams
- CrowdStrike to adopt business email compromise technology
- Startup will be funded through company’s Falcon Fund
Photographer: Bill Hinton/Moment RF/Getty Images
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CrowdStrike Holdings Inc. is investing $10 million in Abnormal Security Corp., a startup that helps businesses cope with compromised emails, after highlighting the attack method as a fast-growing threat.
It’s the largest amount of cash the cybersecurity firm has ever funded through its venture arm, the CrowdStrike Falcon Fund. The two companies also will work together as part of the partnership.