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Arctic Wolf vs CrowdStrike
August 04, 2023 | Author: Michael Stromann
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Arctic Wolf delivers dynamic 24x7 cybersecurity protection tailored to the specific needs of your organization.
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CrowdStrike's cloud-native endpoint security platform combines Next-Gen Av, EDR, Threat Intelligence, Threat Hunting, and much more.
Arctic Wolf and CrowdStrike are two prominent cybersecurity companies, each with its own unique strengths and focus. Arctic Wolf is a leading Managed Detection and Response (MDR) service provider, offering comprehensive security monitoring and response capabilities. Their Concierge Security Team provides 24/7 monitoring and expert support, acting as an extension of their customers' internal security teams. Arctic Wolf's emphasis on human expertise combined with advanced technology enables them to effectively detect and respond to a wide range of cyber threats, making them particularly suitable for mid-sized and enterprise-level organizations seeking personalized and proactive security services. On the other hand, CrowdStrike is a renowned endpoint protection platform that leverages cloud-native architecture and AI-powered threat intelligence to defend against sophisticated cyber threats. Their endpoint protection and EDR (Endpoint Detection and Response) capabilities are well-regarded for their speed and accuracy in identifying and stopping cyberattacks.
See also: Top 10 XDR software
See also: Top 10 XDR software
Arctic Wolf vs CrowdStrike in our news:
2023. Arctic Wolf acquires cybersecurity automation platform Revelstoke
Arctic Wolf, a cybersecurity firm, has acquired Revelstoke, a company specializing in the development of a Security Orchestration, Automation, and Response (SOAR) platform. This strategic acquisition enhances Arctic Wolf's platform, enabling it to swiftly and comprehensively detect and respond to cybersecurity attacks. Arctic Wolf's primary software consolidates data from a company's endpoints, cloud environments, and networks, offering a cohesive perspective on potential threats. Revelstoke's solutions complement this approach seamlessly. As a result, Arctic Wolf can now deliver advanced technology and profound security operations expertise to customers, simplifying SOAR outcomes and making them practically effortless for clients.
2023. CrowdStrike acquires Bionic.ai for $350M
CrowdStrike has acquired Bionic.ai — a security posture management platform for cloud services — for $350 million. Bionic.ai's primary function is to provide security teams with a comprehensive overview of a company's technology and IT landscape, helping them identify vulnerabilities. It's worth noting that Bionic.ai's annual recurring revenue (ARR) was below $10 million, a pivotal metric in the Software as a Service (SaaS) sector for assessing business performance. CrowdStrike primarily focuses on services related to endpoint security, threat intelligence, breach response, and it already offers its own security posture management service under the brand "Falcon." The acquisition of Bionic.ai is expected to provide CrowdStrike with an enhanced level of visibility and observability for security operations teams.
2021. Cybersecurity company Arctic Wolf secures $150M
Arctic Wolf, a managed cybersecurity company renowned for its "security operations-as-a-concierge" service, has successfully raised $150 million in Series F funding. The company has experienced remarkable growth in the past year, primarily due to the challenging cybersecurity landscape intensified by the disruptions caused by the pandemic and the widespread adoption of remote working. Arctic Wolf offers 24/7 security monitoring services through its cloud security operations platform, catering to the needs of small and mid-sized organizations. The company's revenues have doubled thanks to rapid platform adoption, with nearly 60% of its 3,000 customers utilizing three or more of its security operations solutions. This accomplishment positions Arctic Wolf as the fastest-growing company at scale within the rapidly expanding cybersecurity market segment.
2021. CrowdStrike acquires logging startup Humio for $400M
CrowdStrike, an enterprise-focused cloud-native cybersecurity company specializing in endpoint protection and threat intelligence, has revealed its intention to acquire Humio, a log analysis and observability startup based in the United Kingdom. The deal, primarily conducted through cash transactions, is estimated to be valued at around $400 million. Humio gained recognition in the realm of cloud log-management and observability since its establishment in 2016 in London. The company has distinguished itself through its innate capability to ingest and analyze both unstructured and semi-structured data. Backed by investors like Accel and Dell, Humio has secured over $30 million in funding, while serving prominent customers such as Microsoft and Bloomberg.
