About

Lacework provides a cloud security platform that offers continuous protection for various cloud environments, including workloads, containers, users, and Kubernetes. The platform works by integrating with existing cloud infrastructures to perform automated assessments, identify vulnerabilities, and ensure compliance with regulatory standards. Clients subscribe to Lacework's services, which include features like Cloud Security Posture Management (CSPM) and infrastructure entitlement management. What sets Lacework apart from its competitors is its focus on delivering data-driven insights and automating security processes, allowing organizations to view security as a facilitator of innovation rather than an obstacle. The company's goal is to help clients effectively manage risks, respond to threats quickly, and maintain compliance.

Simplify's Take

What believers are saying

• Lacework's recent $1.3 billion raise at an $8.3 billion valuation underscores strong investor confidence and financial stability.
• The company's focus on continuous innovation, as seen with the introduction of CTEM and enhanced code security features, positions it as a leader in cloud-native application protection.
• Recognition through awards like the 2023 Partner of the Year highlights Lacework's strong partner ecosystem and market influence.

What critics are saying

• The collapse of the Wiz acquisition deal raises concerns about potential underlying issues that could affect future partnerships or acquisitions.
• Economic uncertainty and tightened cybersecurity budgets could impact Lacework's growth and hiring plans.

What makes Lacework unique

• Lacework's Continuous Threat Exposure Management (CTEM) offers real-time threat detection and continuous visibility, setting it apart from traditional point solutions.
• The integration of Software Composition Analysis (SCA) and Static Application Security Testing (SAST) into their platform provides comprehensive security throughout the application lifecycle.
• Lacework's strategic partnerships, such as with Securiti, enhance its capabilities in data security posture management across multicloud environments.

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