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Business/Financial

CrowdStrike Cyber Protection Company Raised $100 Million In Financing

Wednesday, July 15th, 2015

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CrowdStrike Cyber Protection Company Raised $100 Million In Financing

CrowdStrike, a provider of Software-as-a-Service (SaaS)-based endpoint protection platform, completed a $100 million Series C financing round, led by Google Capital, the company said Monday.Google Capital is a "growth equity fund" backed by Google [GOOG] that invests in emerging, long-term technology trends, the fund says.One of the company’s customers, Rackspace [RAX], also participated in the round with private equity firms Accel and Warburg Pincus. These actions led the company’s total fundraising to be at $156 million, CrowdStrike said.CrowdStrike’s premiere service…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]