Lacework

San Jose, United States Founded: 2015 • Age: 11 yrs Acquired By Fortinet
AI-driven cloud security posture management is offered.
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About Lacework

Lacework is a company based in San Jose (United States) founded in 2015 was acquired by Fortinet in June 2024.. Lacework has raised $1.9 billion across 6 funding rounds from investors including Snowflake, Fortinet and Morgan Stanley. Lacework has completed 1 acquisition, including Soluble. Lacework operates in a competitive market with competitors including Qualys, Illumio, Tigera, Arctic Wolf and Sysdig, among others.

  • Headquarter San Jose, United States
  • Stage Unicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Software Development & Engineering
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.9 B (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
    Snowflake

    & 18 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Fortinet

    (Jun 10, 2024)

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People of Lacework
Headcount 1000-5000
Employee Profiles 692
Board Members and Advisors 5
Employee Profiles
People
Suyog Jinturkar
Sr Manager Software Development
People
Yee Wei Chai
Firmware Designer
People
Soheil Samouhi
Systems Engineer
People
Lawrence T.
Director, Business Development & Strategic Solutions

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Board Members and Advisors
people
Judith Sim
Lead Independent Director

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Funding Insights of Lacework

Lacework has successfully raised a total of $1.9B across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round
  • First Round

    (01 May 2015)

  • Investors Count 18
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Series D - Lacework Valuation Google Ventures
Nov, 2021 Amount Series D - Lacework Valuation Sutter Hill Ventures , Altimeter Capital
Jan, 2021 Amount Series D - Lacework Valuation Sutter Hill Ventures , Altimeter Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lacework

Lacework has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Snowflake, Fortinet and Morgan Stanley. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Corporate backed venture capital fund investing in multiple sectors
Founded Year Domain Location
VC firm investing in the US
Founded Year Domain Location
Long/short equity hedge fund and VC fim
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lacework

Lacework has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Soluble. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of tools for continous testing of CI and CD pipelines of container applications
2019
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Lacework

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lacework Comparisons

Employees
+
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Competitors of Lacework

Lacework operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qualys, Illumio, Tigera, Arctic Wolf and Sysdig, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud security solutions are offered for vulnerability management and compliance.
domain founded_year HQ Location
Cloud workload security solutions are provided for businesses using telemetry.
domain founded_year HQ Location
AI-driven security solutions for cloud infrastructure are provided.
domain founded_year HQ Location
Cloud security posture management platform
domain founded_year HQ Location
Container security software is provided through a cloud-based platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lacework

Frequently Asked Questions about Lacework

When was Lacework founded?

Lacework was founded in 2015.

Where is Lacework located?

Lacework is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Is Lacework a funded company?

Lacework is a funded company, having raised a total of $1.9B across 6 funding rounds to date. The company's 1st funding round was a Series D of $525M, raised on May 01, 2015.

What does Lacework do?

Founded in 2015 and based in San Jose, United States, Lacework operates in the cloud security sector. Cloud workload security solutions are provided to monitor and secure infrastructure. Temporal baselines of operations are created to detect breaches, cyberattacks, and insider threats. User intentions behind commands are exposed through insider tracking technology, supporting investigations across cloud environments.

Who are the top competitors of Lacework?

Lacework's top competitors include Illumio, Tigera and Balbix.

How many acquisitions has Lacework made?

Lacework has made 1 acquisition, including Soluble.

Who are Lacework's investors?

Lacework has 19 investors. Key investors include Snowflake, Fortinet, Morgan Stanley, Liberty Global, and Google Ventures.

What is Lacework's valuation?

The valuation of Lacework is $8.3B as of Nov 2021.

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