CrowdStrike to Buy Palo Alto's Fiddler AI in Nearly $500 Million AI Security Push
Fiddler's agent-monitoring tech will become Falcon Observe.
By the Bay Area Brief staff · Edited by Seamus McKenna · · 3 min read
Sandstone arcades of Stanford University's Main Quad in afternoon sun. Photo: King of Hearts / Wikimedia Commons, CC BY-SA 3.0 (cropped, resized and color-graded). Archive photo of the area; not a photo of the events in this story.
CrowdStrike announced deals Tuesday to acquire Palo Alto-based Fiddler AI and AI security testing firm Dreadnode. The deals are reportedly worth about $495 million combined: roughly $400 million for Fiddler and $95 million for Dreadnode, according to The Wall Street Journal as cited by SecurityWeek and TechCrunch.
Fiddler, founded in 2018, has raised about $100 million. Its technology will join CrowdStrike's Falcon platform as Falcon Observe, helping companies evaluate AI agents before deployment and monitor what they do. Dreadnode's testing tools will feed CrowdStrike's Falcon Guardian product.
CrowdStrike said the deals will be paid mostly in cash and are expected to close in the fourth quarter of its fiscal 2027, which ends Jan. 31, 2027.
Sources
This article is an original summary based on the following reporting. We encourage readers to visit the original sources for full coverage.
The day's Bay Area housing, business and neighborhood news, plus the world headlines that matter, in one short email. Free, and you can unsubscribe anytime.
We use your email only to send the Brief. Details in our privacy policy.
Fred Terman's 1951 idea for a land-rich, cash-poor university now covers 700 acres, about 150 companies and roughly 23,000 workers. Stanford's growth plan now includes housing on the park's land.
The one-car garage behind 367 Addison Ave. is California Registered Landmark No. 976, the 'Birthplace of Silicon Valley,' where Hewlett and Packard built their first product, an audio oscillator.
Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing to buy Broadcom AI accelerators and networking gear and lease them to Anthropic. Palo Alto-based Broadcom is backing the senior debt with a residual value guarantee.
The City Council unanimously advanced a Bryant Street safety package to final design on Nov. 9, with traffic circles, curb extensions and high-visibility crosswalks planned for a 2027 construction bid.
