$3.4 billion cybersecurity company CrowdStrike has filed to go public

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$3.4 billion cybersecurity company CrowdStrike has filed to go public
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CapitalG and Accel-backed Crowdstrike publicly filed its S-1 on Tuesday.

The company, which is backed by Google's CapitalG and Accel, plans to list on the Nasdaq under the ticker"CRWD."Crowdstrike sells an end-point security solution which competes with Cylance, a cybersecurity company acquired by Blackberry for $1.4 billion last year, as well as the startup SentinelOne.

The company generated $250 million in revenue in fiscal 2019, which ended on January 31, up 110% from $118.8 million in revenue the year before. Its 2018 revenue was up 125% from $52.7 million in 2017. The company lost $140.1 million in fiscal 2019, up from $135.5 million in losses in 2018 and $91.3 million in 2017.

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