Company Overview
Snapshot
Founded in July 2014 by Ajit Sancheti and Roman Blachman, Preempt Security operated with 1-10 employees. The company secured funding across 3 rounds from 7 investors before being acquired by CrowdStrike in September 2020.
Business overview
Preempt Security developed a patented behavioral firewall that leverages user and entity behavior analytics alongside adaptive response to protect enterprises from security breaches and malicious insiders. The company's technology provided real-time threat mitigation without requiring direct security team intervention, offering visibility into risky users, endpoints, compromised accounts, and privileged user behavior. By monitoring and learning network behavior, Preempt Security helped organizations identify malicious activity, serving industries such as healthcare providers, financial institutions, banks, and retailers within the Cyber Security sector.
Strategic signal
In September 2020, CrowdStrike acquired Preempt Security to enhance its Zero Trust security capabilities. This acquisition signaled a strategic move by CrowdStrike to integrate Preempt's behavioral firewall technology, which focuses on real-time detection and prevention of insider threats, into its broader cybersecurity offerings. For investors, this demonstrated the strategic value of Preempt's specialized approach to identity and access security within the evolving threat landscape.
Company Intelligence Q&A
- What was a significant corporate milestone for Preempt Security?
- Preempt Security was acquired by CrowdStrike in September 2020, integrating its technology to enhance CrowdStrike's Zero Trust security capabilities.
- When did Preempt Security achieve significant revenue growth?
- In 2018, Preempt Security announced record results with a 300 percent growth in annual recurring revenue.
- Did Preempt Security form any notable partnerships?
- In May 2019, Preempt Security partnered with Okta to deliver a modern approach to authentication with secure conditional access.
- What was a key technological advancement by Preempt Security?
- In January 2020, Preempt Security became the first in the industry to provide real-time threat detection for encrypted authentication protocol traffic.
- Which investors participated in Preempt Security's June 2018 funding round?
- In June 2018, Preempt Security received investment from Blackstone and General Catalyst.