CrowdStrike vs Zscaler

2024. Zscaler buys Avalor to bring AI risk management into its security tools



Cloud security firm Zscaler has completed its acquisition of cybersecurity startup Avalor for $310 million, aiming to enhance its platform with a range of new capabilities including streamlined security incident reporting, incident mitigation, asset discovery, data classification, and security policy generation. Avalor serves as a central repository for cybersecurity assets, controls, identities, vulnerabilities, bugs, and various data points, enabling security teams to aggregate, normalize, de-duplicate, and track risk data from discovery to remediation. While similar startups like Securiti and Dig Security address comparable challenges, Avalor stands out for its versatility in handling data from diverse sources and formats, along with its unique suite of vulnerability risk management and prioritization tools.


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. 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.


2015. Cloud security service Zscaler raised $100 million



Security platform Zscaler, renowned for its extensive range of web, mobile, and cloud security services for enterprises, has recently secured an impressive $100 million in Series B funding, resulting in a valuation exceeding $1 billion. The company proudly announces that its customer base has doubled in the past year, surpassing 5,000 clients. Notable organizations such as Humana, NBC, ExxonMobil, and the UK's National Health Services are among Zscaler's esteemed customers. Currently, Zscaler safeguards over 13 million employees. Zscaler's technology acts as a middle layer between corporate networks (including user mobile devices) and the cloud, irrespective of whether it's a cloud computing service like AWS or Azure, a privately hosted OpenStack cloud, or cloud-based applications like Dropbox and Office 365. By thoroughly inspecting all traffic to these services originating from company-owned devices and networks, Zscaler provides comprehensive security and compliance solutions.