CrowdStrike to purchase UK-based startup for $400m

London-based Humio specialises in cloud log management technology

CrowdStrike is set to acquire UK cloud management startup Humio for $400m.

London-based Humio was founded in 2016 and specialises in cloud log management and "observability" technology. The deal is expected to close during the cybersecurity vendor's Q1 of its fiscal 2022.

CrowdStrike intends for Humio's offerings to bolster its eXtended Detection and Response (XDR) capabilities by taking in data and correlating it from any log, application or feed to deliver insights and real-time protection.

"We conducted a thorough market review of existing solutions and were amazed by Humio's mature technology architecture and proven ability to deliver at scale," stated CrowdStrike co-founder and CEO George Kurtz.

"The combination of real-time analytics and smart filtering built into CrowdStrike's proprietary Threat Graph and Humio's blazing-fast log management and index-free data ingestion dramatically accelerates our XDR capabilities beyond anything the market has seen to date."

The acquisition will allow CrowdStrike to deliver "enterprise-grade" solutions that address the challenges of working with massive and ever-growing amounts of data

Geeta Schmidt, co-founder and chief exec of Humio, added: "We are thrilled to join CrowdStrike, the company that is leading the security industry with its cloud-native data platform, designed to support customers in establishing more mature and reliable security programs.

"CrowdStrike's Security Cloud is the ideal platform to extend Humio's technology and reach, while continuing our mission to empower customers to make data-rich decisions."