CrowdStrike is entering the sphere of corporate venturing through a strategic fund it has formed with Accel to invest in companies building products on its platform.

Cybersecurity software producer CrowdStrike launched a $20m US-based investment fund on Monday in partnership with venture capital firm Accel in a bid to build an ecosystem around its products.

Falcon Fund will back startups developing products on the CrowdStrike Falcon platform, the endpoint cybersecurity software that represents the company’s flagship product.

The fund will invest at seed and series A stage but is not looking to lead rounds itself, and will look to help portfolio companies with innovation and commercialisation.

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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