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Friday, 24 February 2012 - Ex-McAfee execs start security firm, CrowdStrike |
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Follow Reuters Facebook Twitter RSS YouTube Read Afghanistan demands NATO put Koran-burners on trial | 11:43am EST Putin praises Cold War moles for stealing U.S. nuclear secrets 22 Feb 2012 "Friends of Syria" to demand ceasefire, aid access | 2:42pm EST Neutrinos may still have broken light barrier - or not 10:57am EST 'Seinfeld' Actor in Critical Condition After Apparent Suicide Attempt (Report) 22 Feb 2012 Discussed 179 Santorum says Obama agenda not ”based on Bible” 147 Romney’s struggles fuel talk of brokered convention 127 Iran stops oil sales to British, French companies Watched Mona Lisa double painted simultaneously Tue, Feb 21 2012 Amateur video claims to show bodies of Western journalists killed in Homs Wed, Feb 22 2012 Nine-year-old quizzed over shooting Wed, Feb 22 2012 Ex-McAfee execs start security firm, CrowdStrike Tweet Share this Email Print Analysis & Opinion Israel’s top court scraps the draft exemption for ultra-Orthodox Jews Annals of private equity, Tamara Mellon edition Related Topics Tech » BOSTON | Thu Feb 23, 2012 4:24pm EST BOSTON (Reuters) - Two executives who left security software maker McAfee after Intel Corp bought the company last year have started a firm that is developing technology to help corporations and government agencies track down elusive hackers. Private equity firm Warburg Pincus led the initial Series A funding in the company, dubbed CrowdStrike. The new company's chief executive, George Kurtz, announced the formation of the company on his blog, www.georgekurtz.com. Kurtz, the former worldwide chief technology offer of McAfee, has been working with Warburg on the project since November, when the private equity firm brought him on as a "executive in residence." Warburg's executive in residence program is a CEO-in-waiting position in which the private equity firm helps entrepreneurs incubate ideas into companies in which it will eventually invest. CrowdStrike's other co-founders are Dmitri Alperovitch, former vice president of threat research at McAfee, and Gregg Marston, who worked as chief financial officer of Foundstone Inc, an IT security solutions provider that Kurtz sold to McAfee. Kurtz said in his blog that his firm is developing technology that will help clients identify who is targeting them, rather than simply identify and remove pieces of malicious software from their networks. "The industry continues to focus on the malware ... which is akin to focusing on the gun as opposed to the shooter committing the crime," he said. "The person or organization pulling the trigger (or deploying the malware) is the one that you ultimately need to focus on." Alperovitch told Reuters that the company hopes to release its first products in late 2012. (Reporting By Jim Finkle; Editing by Gary Hill) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. 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Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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