CrowdStrike unveils next-gen Falcon Platform, more at conference
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Cybersecurity company CrowdStrike Holdings (NASDAQ:CRWD) made several announcements on Tuesday, including the industry's first platform that provides customers a space free of coding.
The new platform, unveiled at the company's Fal.con event and known as Falcon Foundry, will give customers and partners the ability to create their own custom apps to solve their security and IT issues. Falcon Foundry gives customers an easy-to-use and efficient platform to create apps that work with CrowdStrike's Falcon platform.
"With Falcon Foundry, weâre putting the power of the Falcon platform and the industry's best architecture, security data and AI advantage into the hands of every organization on the planet," said George Kurtz, co-founder and CEO of CrowdStrike, in a statement. "We are unleashing our customerâs and partnerâs creativity to help them solve problems in new ways and automate time-consuming tasks. With Falcon Foundry, the only limitation is imagination."
The company also showed off new services that allow customers to bring data protection, IT automation and other complex and costly security tools to its Falcon platform.
Separately on Tuesday, the company finalized its deal to acquire cybersecurity startup Bionic. The acquisition is worth a reported $350M to be paid in cash and stock.
CrowdStrike (CRWD) shares fell slightly more than 1% in mid-day trading on Tuesday.

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