Coro vs CrowdStrike
August 05, 2023 | Author: Michael Stromann
Coro and CrowdStrike are two prominent players in the cybersecurity industry, each offering distinct approaches to safeguarding digital assets. Coro stands out for its innovative and comprehensive suite of cybersecurity solutions, combining advanced threat detection, real-time monitoring, and proactive incident response. Its cutting-edge AI-driven algorithms empower organizations to anticipate and thwart emerging threats effectively. On the other hand, CrowdStrike's reputation is built on its cloud-based endpoint protection platform, which leverages machine learning and behavioral analytics to identify and neutralize sophisticated cyberattacks. With its emphasis on endpoint security and threat intelligence, CrowdStrike has earned widespread acclaim as a leading defender against modern-day cyber threats.
See also: Top 10 XDR software
See also: Top 10 XDR software
Coro vs CrowdStrike in our news:
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.
2023. Coro raises $75M to grow its all-in-one cybersecurity platform
Coro, a startup which provides a one-stop shop AI-based cybersecurity platform has raised $75 million. The primary objective of Coro is to offer a comprehensive cloud-based SaaS solution that caters to all the cybersecurity software requirements of businesses. The key areas of focus include device monitoring, overseeing user activities, email, networks, data, and applications, as well as addressing any malicious activity detected. Coro's intended audience is mid-sized businesses that typically face a challenge in selecting software products due to their intermediate size. These businesses are often too large to benefit from SMB products but lack the necessary infrastructure and financial resources to adopt enterprise-level products.
2022. Coro secures $60M for an all-in, SaaS-based cyber protection platform aimed at SMBs
Coro, a startup focused on developing a comprehensive cybersecurity platform targeting mid-market companies, has secured $60 million in funding. The company intends to use this investment to further address the specific needs of this market segment. Coro's all-in-one platform offers functionalities for monitoring devices, users, email, networks, data, and apps, while also providing remediation for any detected malicious activity. With a pricing of $7 per user per month, Coro claims to automate and handle up to 95% of the security workload typically encountered in a business setting.
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.