Tuesday, May 14, 2019

Crowdstrike Files For IPO

Crowdstrike, the cloud security software developer led by George Kurtz, has filed for an IPO, saying in a filing on Tuesday afternoon that it is looking to debut its IPO on the Nasdaq Global Select Market as CRWD. Crowdstrike was started in Irvine, where it still has substantial operations. The IPO is being underwritten by Goldman Sachs & Co. LLC, J.P. Morgan, BofA Merrill Lynch, Barclays, Credit Suisse, Jefferies, RBC Capital Markets, Stifel, HSBC, Macquarie Capital, Piper Jaffray, SunTrust Robinson Humphrey, BTIG, JMP Securities, Mizuho Securities, Needham & Company, and Oppenheimer & Co. Crowdstrike said it is looking to raise up to $100M in the public offering. Crowdstrike's largest shareholders are Warburg Pincus, Accel, and CapitalG.

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