Cybersecurity big CrowdStrike (NASDAQ: CRWD) introduced plans on Thursday to amass id safety startup SGNL in its newest acquisition to develop its capabilities.
The deal is valued at $740 million, which can be paid predominantly in money, a CrowdStrike spokesperson informed SecurityWeek.
Based in 2021, Palo Alto, California-based SGNL has constructed an “identity-first” safety answer that protects organizations’ property by eliminating static credentials and offering real-time automated entry choices.
CrowdStrike says the acquisition will allow entry for human, non-human (NHI), and AI identities to be constantly granted and revoked primarily based on real-time threat and make sure that all stakeholders – comparable to workers, contractors, and companions – are supplied with the best entry on the proper time.
“AI brokers function with superhuman velocity and entry, making each agent a privileged id that should be protected,” mentioned George Kurtz, CEO and founding father of CrowdStrike. “With SGNL, CrowdStrike will ship steady, real-time entry management that eliminates the identified and unknown gaps from legacy standing privileges.”
SGNL has raised $42 millionin funding, together with a $30 million Sequence A spherical in February 2025.Commercial. Scroll to proceed studying.
In July 2025, CrowdStrike rival Palo Alto Networks introduced its plan to amass id administration agency CyberArk for $25 billion, marking its formal entry into id safety.
Based on market analysis agency IDC, the id safety market is anticipated to develop from roughly $29 billion in 2025 to $56 billion by 2029.
The deal is anticipated to shut throughout CrowdStrike’s first quarter of FY’27, topic to customary closing situations and regulatory clearances.
Associated: CrowdStrike to Purchase Pangea to Launch AI Detection and Response (AIDR)
Associated: Palo Alto Networks to Purchase CyberArk for $25 Billion
