5 Fastest Growing Technology Companies in the US

3. CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Year over year growth rate 2023: 39.94%

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) emerges as a cybersecurity powerhouse, offering cloud-delivered protection for endpoints, cloud workloads, identity, and data through a software-as-a-service (SaaS) subscription model.

The company reported stellar financials, boasting a revenue of $2.85 billion in the twelve months ending October 31, 2023, reflecting an impressive 39.94% year-over-year growth. The positive trend continued in the last quarter of the same period, with revenue reaching $786.01 million and a commendable 35.31% year-over-year growth.

In a strategic move reported by Seeking Alpha, CrowdStrike (NASDAQ:CRWD) signed Ignition Technology as a key distribution partner in the UK. This collaboration aims to provide CrowdStrike’s solution providers with additional resources, bolstering the availability of the AI-native CrowdStrike XDR Falcon platform to businesses across the UK through Ignition’s robust partner network. This strategic partnership further underscores CrowdStrike’s commitment to expanding its global footprint and enhancing cybersecurity solutions for businesses.