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America’s CrowdStrike Buys Israel’s Flow Security for $200 Million

Flow Security

Flow Security Team (from website)

Israel Startup Flow Security, which develops a cloud data runtime security solution, has been acquired by American cybersecurity giant CrowdStrike. The financial details of the deal have not yet been revealed, but Calcalist reported that it could be above $200 million.

Crowdstrike seems to be high on Israeli firms. Flow Security is the third Israeli startup the company has acquired in the past few years. At the end of 2023, CrowdStrike bought out Bionic.Ai, an Israeli startup that offers a platform to help organizations operate and protect applications. And in 2022, CrowdStrike bought out the Israeli firm Reposify Ltd., a provider of an external attack surface management (EASM) platform that scans the internet for exposed assets of an organization to detect and eliminate risk from vulnerable and unknown assets before attackers can exploit them.

Both Flow Security and CrowdStrike work with Generative AI. Generative AI, also known as generative artificial intelligence, is a branch of AI that focuses on creating new content, like text, images, music, and even code. It’s essentially like training a computer program to be really good at being creative. Generative AI models are trained on massive datasets of existing content. This data could be anything from books and articles to pictures and songs. By analyzing these examples, the AI learns the underlying patterns and relationships within the data.

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Founded in 2011 and with a market cap of almost $40 billion, CrowdStrike cyber security boasts that it has redefined modern security with one of the world’s “most advanced cloud-native platforms for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.”

Founded in 2021 by CEO Jonathan Roizin and CTO Rom Ashkenazi, Flow Security boasts that it is the only data security platform that “identifies, categorizes, and protects data at rest and in motion.” Utilizing advanced eBPF technology, Flow’s solution uncovers unmanaged data on-prem and in the cloud, ensuring frictionless and comprehensive protection of sensitive information in ever-widening data landscapes.

“Many companies that wish to venture into GenAI are hesitant to put themselves at risk due to concerns over data leakage, and they will continue to limit its usage as long as they remain unaware of how their data is moved, stored, and used by 3rd parties,” said CEO of Flow Security, Jonathan Roizin. “With GenAI DLP, we offer a responsible, frictionless way to safeguard corporate digital assets, enabling the wider adoption of GenAI applications across a data-centric ecosystem.”

“GenAI tools have created a situation where the movement of data is expanding at an unparalleled pace and relying on traditional infrastructure protection methods is inadequate to cover this data sprawl. To effectively monitor data’s whereabouts, companies need to see the full journey, they can’t rely on scanning data where it’s supposed to be and once it is at rest – they need to know where the data actually is at all times,” said CPO of Flow Security, Natia Golan.

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