These startups are trying to prevent another CrowdStrike-like outage, according to VCs

Quick Summary:

Fin Capital founder Logan Allin, who invests in B2B financial services companies, sees a greater need for cloud observability companies in light of Friday’s outage.

Christian tells TechCrunch the real problem is that a massive vendor deployed software that wasn’t properly tested, debugged or deployed in a staged rollout.

He expects that the entire security ecosystem will face greater scrutiny around products and deployment due to this event.“It’s a bad day for not just for CrowdStrike.

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Article Details

Author / Journalist: Maxwell Zeff, Julie Bort

Category: StartupsBusiness

Markets: United StatesBrazilIndiaMali

Topics: Startups Venture Venture capital CrowdStrike Crowdstrike outage Cybersecurity

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 23:11:46 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1405 words

Reading Time: 8 minutes read

Sentences: 60 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21688072

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