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May 15 - 10:05
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CrowdStrike files for IPO
Leading cybersecurity firm Crowdstrike is keen to raise $100 million from an IPO. Currently the company's spending is bigger than its gross profits, even though revenues have been growing year-on-year. Its cloud-based technology is designed to catch breaches before they happen, greatly reducing any impact. It is sold on a subscription basis to over 2,500 customers.
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