Rackspace Hosting Invests in Google Capital-led Series C Financing Round for CrowdStrike

Rackspace Hosting (NYSE:RAX) announced that it has invested in CrowdStrike’s $100 million Series C financing round.
According to the press release:

CrowdStrike provides the first true Software-as-a Service (SaaS) based next-generation endpoint protection platform and is an innovator in the security space. The financing round, led by Google Capital, brings CrowdStrike’s total funding raised to $156 million.

Rackspace Hosting CEO Brian Kelly said:

Security is a top priority for Rackspace, and we’re committed to being world-class in our ability to deter, detect and respond to cyber attacks. As a CrowdStrike customer, we’ve seen firsthand how effective its platform is in helping us prevent cyber attacks, as we work to serve over 300,000 business customers each day. Rackspace and its leadership team have the utmost confidence in CrowdStrike’s ability to provide industry-leading, next-generation security solutions.

 
Click here to read the full Rackspace Hosting press release.