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Rackspace In CrowdStrike Investment, Microsoft Partnership

Rackspace said Tuesday that it’s making a “significant investment” in CrowdStrike’s $100 million Series C financing round. CrowdStrike received $156 million through the financing round, which has been led by Google Capital. “Security is a top priority for Rackspace, and…

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we're committed to being world-class in our ability to deter, detect and respond to cyber attacks,” Rackspace Chief Security Officer Brian Kelly said in a news release. Rackspace adopted CrowdStrike’s Falcon platform in 2013 and CrowdStrike provides Rackspace’s security operations center with technology and expertise to protect Rackspace customers against advanced cyberattacks, Rackspace said. “Rackspace has been an influential proponent of disruptive technologies and sees the value of our cloud-based endpoint protection platform as well as our unique proactive security services,” CrowdStrike CEO George Kurtz said in the Rackspace news release. Rackspace said Monday that it’s partnering with Microsoft to ease companies into using Microsoft’s Azure cloud computing service. “Our strategy at Rackspace has always been to provide the world's best expertise and service for industry-leading technologies -- including a broad selection of Microsoft products,” Rackspace CEO Taylor Rhoades said in a news release. The partnership extends Rackspace’s existing 13-year collaboration with Microsoft, which means “our mutual customers will have even more options for migrating their diverse IT workloads to the cloud,” Microsoft Executive Vice President-Cloud + Enterprise Scott Guthrie said in a Rackspace news release.