George Kurtz, founder and CEO of CrowdStrike, speaks during the live keynote pregame at Nvidia GTC (GPU Technology Conference) in Washington on October 28, 2025.
Jim Watson | AFP | Getty Images
cloud strike announced Thursday that it will acquire identity management startup SGNL in a deal worth about $740 million, as the cybersecurity provider strengthens its defenses in the era of artificial intelligence cyberattacks.
The stock price fell nearly 4%.
The acquisition will enable users of CrowdStrike’s Falcon cloud security platform to better manage human and AI identity access requests and real-time risks, the company said. The transaction is expected to close in the first quarter of fiscal 2027.
“This is a huge opportunity for our customers to protect themselves, and a huge opportunity for us to disrupt the identity market,” CEO George Kurtz said in an exclusive interview with CNBC.
He said the deal will help advance CrowdStrike’s foothold in the multibillion-dollar identity security business, which totaled $435 million at the end of the second quarter and is one of the most significant attack vectors.
As AI increases the sophistication of cyberattacks, enterprises are strengthening their identity security defenses.
Last year, Microsoft was hit by a series of attacks targeting its SharePoint collaboration tools, and large-scale language modeling startup Anthropic disclosed its first documented AI-driven cyber attack in November.
SGNL, headquartered in Palo Alto, California, raised $30 million in an initial funding round in February. The company’s backers include: Cisco investment and microsoftventure fund.
The company was founded in 2021 by Scott Kriz and Erik Gustavson, but the former startup was acquired by . google Both founders worked at the search giant for more than four years.
Cybersecurity providers such as CrowdStrike have ramped up acquisitions in recent months to offer customers a richer suite of features in an increasingly competitive market.
Enterprises are also leaning toward AI solutions that leverage more autonomous agents to manage cybersecurity tools.
last year’s rival palo alto networks The scoop on Israeli startups cyber ark Google acquired cloud security startup Wiz for $32 billion in a big bet from CEO Nikesh Arora for $25 billion.
In 2025, CrowdStrike announced plans to acquire AI agent security platform Pangea and Spanish data startup Onum.
Kurtz said the company’s acquisition strategy is to acquire successful teams and innovative technology rather than traditional tools.
“We want to deliver the most value to our customers where they can integrate with CrowdStrike: fewer vendors, less complexity, lower costs, and better results in stopping breaches,” he said.
