Cybersecurity startup CrowdStrike has raised a $100 million Series C funding round led by Google Capital. Accel, Rackspace and Warburg Pincus also invested. The company has now raised a total of $156 million. “It’s extremely gratifying to bring in a high-caliber investor like Google Capital which shares our passion for innovation and sees the opportunity to completely transform the security industry,” said George Kurtz, CrowdStrike’s co-founder and chief executive officer. “As we continue to experience hyper-growth, this capital injection will help us firmly establish our SaaS-based endpoint protection platform as the leading solution to address today’s sophisticated attacks and will allow CrowdStrike to further accelerate our domestic and international expansion,” said Kurtz.
Delphix, a data-as-a-service company, has raised $75 million in a round of funding led by Fidelity Management and Research Company. Credit Suisse NEXT Investors, The Kraft Group and existing investors such as Greylock Partners, Lightspeed Venture Partners and Icon Ventures all participated. “Applications have become a highly contested battleground for businesses across all industries,” said Jedidiah Yueh, Delphix Founder and CEO. “Data as a Service helps our customers complete application releases and cloud migrations in half the time, by making data fast, light, and unbreakable — a huge competitive advantage.”
Azure Hospitality, which owns the pan-Asian restaurant brand Mamagoto has raised around $10 million from Goldman Sachs. The company plans to use the funds to expand throughout India and into overseas market.
ClassWallet, a platform which manages the disbursement and tracking of school funds, has raised a $1.9 million seed funding round. NewSchools Venture Seed Fund, Kaplan Ventures, William Guttman and several edtech and fintech angel investors participated in the investment round. “As school budgets shrink, an increasingly larger portion of procurement is being funded by corporations, foundations, parents and teachers to meet student needs,” said Jamie Rosenberg, ClassWallet’s founder and CEO. “The size of this market, up to $23 billion annually, and the amount of inefficiency and lack of transparency is staggering.”