CrowdStrike to buy Fiddler AI
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CrowdStrike (CRWD) has reportedly agreed to acquire two artificial intelligence security startups, Fiddler AI and Dreadnode, for a combined $495M, expanding its efforts to monitor and secure AI agents as businesses accelerate adoption of the technology.
According to The Wall Street Journal, CrowdStrike will pay around $400M for Palo Alto, California-based Fiddler AI, founded in 2018, which develops software to monitor and explain AI agent behavior.
The company will also acquire Dreadnode, founded in 2023, for around $95M. Dreadnode develops an automated security-testing platform that identifies vulnerabilities in AI models before deployment.
CrowdStrike will pay most of the combined purchase price in cash, with a portion in stock subject to vesting conditions, the report said.
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