CrowdStrike built cybersecurity empire on stolen IP
CrowdStrike built cybersecurity empire on stolen IP
Publish Date: 2026-02-13 07:17:00
Source Domain: www.statesman.com
CrowdStrike Holdings Inc. is being sued by California-based GoSecure, which says the Austin cybersecurity company was built on its intellectual property.
Haven Daley/AP Photo/Haven Daley, File
CrowdStrike is one of the world’s foremost internet and cybersecurity companies. It has a market capitalization of $100 billion and more than 10,000 employees. It’s so big that, when it pushed a bad software update to its customers in 2024, it caused the largest internet outage in history, costing major U.S. companies $5.4 billion.
But what if the whole company was built on stolen intellectual property? That’s what a lawsuit in Austin’s 3rd Business Court Division is arguing.
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GoSecure, a California cybersecurity company, says CrowdStrike Holdings Inc. has “been improperly using GoSecure’s trade secrets and confidential information to develop its Falcon Platform for years.” That’s allowed CrowdStrike to leapfrog its competition while passing off GoSecure’s intellectual property as its own.
ANOTHER SUIT: Federal judge tosses lawsuit against Austin-based CrowdStrike in 2024 global outage
In a statement Thursday, CrowdStrike denied the allegations.
“GoSecure’s claims — that are being brought after over a decade passed — are meritless on their face,” a spokesman said. “We will vigorously defend the company.”
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It has denied the allegations in court filings, too, which also challenge GoSecure’s timelines and the Texas court’s jurisdiction.
The suit was originally filed in 2024 in California. Because it was taking too long to get to trial there, GoSecure said, it chose to dismiss that suit. In August, it was refiled in Texas business courts, which have far fewer cases.
Among the allegations is that CrowdStrike co-founder Dmitri Alperovitch and a senior engineer he recruited collected highly sensitive engineering data from GoSecure, as well as knowledge of its source code and business…
