Alphabet, Telstra and RackSpace are in line to exit the cybersecurity technology provider CrowdStrike, which has set a placeholder target of $100m for its IPO.
US-based endpoint protection software provider CrowdStrike filed for an initial public offering yesterday that would enable internet technology group Alphabet, telecommunications firm Telstra and cloud services provider RackSpace to exit.
The company plans to float on the Nasdaq Global Select Market and has set a placeholder figure of $100m as a target. It was reportedly valued at more than $3bn when it last raised money in 2018.
CrowdStrike’s cloud-based Falcon platform provides protection for organisations that detects and responds…
