CrowdStrike to buy identity security startup SGNL for $740 million
CrowdStrike signed a definitive agreement to acquire SGNL, an identity security company focused on “continuous identity,” in a deal valued at about $740 million.
The acquisition is intended to expand identity controls inside the CrowdStrike Falcon platform by adding continuous, real-time access decisions for human identities, non-human identities (NHI), and artificial intelligence (AI) identities. The combined offering is positioned to grant and revoke access based on real-time risk signals, rather than relying on standing privileges that remain active after a task is complete.
SGNL is described as an access enforcement layer that sits between modern identity providers and the software-as-a-service and hyperscale cloud resources that users and automated identities access. The planned integration targets dynamic authorization across cloud access paths, including identity and behavior checks that can continuously reassess risk and change access as conditions shift.
The transaction terms include payment predominantly in cash, with a portion delivered as stock subject to vesting conditions. Closing is targeted for CrowdStrike’s first quarter of fiscal year 2027, subject to customary closing conditions, including regulatory clearances.
CrowdStrike framed the deal against growing focus on identity security as organizations expand cloud usage and deploy more autonomous tools. An identity security market forecast cited in the announcement projected growth from about $29 billion in 2025 to $56 billion by 2029, based on International Data Corporation (IDC) estimates referenced in the release.
SGNL, headquartered in Palo Alto, was founded in 2021. The company announced a $30 million Series A funding round in February 2025 to scale its approach to access management and identity-first security.
