CrowdStrike Holdings, Inc. (CRWD) is making waves in the cybersecurity world with the launch of its second annual Cybersecurity Startup Accelerator. This year, the program is powered by a formidable partnership with Amazon.com, Inc.’s (AMZN) AWS and NVIDIA Corporation (NVDA), showcasing a commitment to nurturing innovation in the field.
The Accelerator aims to empower emerging AI and cloud security startups across the U.S. and EMEA, providing them with the resources they need to succeed. The program offers a comprehensive package of support, including:
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Funding:
Selected startups will receive up to $25,000 in AWS credits to fuel their development.*
Technical Expertise:
Mentorship from industry leaders at CrowdStrike, AWS, and NVIDIA will provide invaluable guidance.*
Go-to-Market Opportunities:
Access to investors and potential customers will help startups scale their businesses.Applications for the program are open until January 10, 2025.
Daniel Bernard, CrowdStrike’s Chief Business Officer, emphasized the program’s impact, stating, “CrowdStrike and AWS created the Cybersecurity Startup Accelerator as a formative, value creation experience for innovative startups to learn, create and grow. Since participating in the Accelerator, last year’s cohort participants raised over $150 million from leading global VCs.”
Bartley Richardson, Director of Cybersecurity Engineering at NVIDIA, highlighted the program’s focus on addressing crucial security challenges, saying, “For startups seeking to tackle the most pressing security challenges, the Cybersecurity Startup Accelerator provides the AI technologies, accelerated computing resources and technical expertise they need.”
The launch of this program underscores CrowdStrike’s commitment to fostering innovation and growth in the cybersecurity landscape. Investors can track the company’s performance through various ETFs, such as TrueShares Technology, AI & Deep Learning ETF (LRNZ) and REX AI Equity Premium Income ETF (AIPI).
On Monday, CRWD shares saw a 2.04% increase, reaching $264.41 at the last check, reflecting positive sentiment surrounding the company’s initiatives.
