Lacework

Lacework

Cloud security platform for risk mitigation

About

Lacework provides a cloud security platform that offers continuous protection for various cloud environments, including workloads, containers, and Kubernetes. The platform works by integrating with existing cloud infrastructures to perform automated assessments, identify vulnerabilities, and manage compliance. 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 reduce risks, respond to threats quickly, and maintain compliance with regulatory standards.

Company Stage

Series D

Employees

201-500

Industries

Cybersecurity

Total Funding

$1.8B

Headquarters

San Jose, California

Founded

2015


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Simplify's Take

What believers are saying

  • Fortinet's acquisition could enhance Lacework's platform and expand its market reach.
  • Recognition in the 2024 Gartner Market Guide boosts Lacework's credibility and visibility.
  • Strategic partnerships, like with Securiti, enhance Lacework's data security capabilities.

What critics are saying

  • Integration with Fortinet's Security Fabric may lead to operational disruptions.
  • Economic uncertainty could reduce spending on Lacework's services, impacting revenue growth.
  • The collapse of the Wiz acquisition deal may indicate potential underlying issues.

What makes Lacework unique

  • Lacework offers automated threat defense for cloud workloads, enhancing security efficiency.
  • The platform provides continuous monitoring of cloud components, ensuring comprehensive protection.
  • Lacework's integration with existing cloud environments offers seamless automated assessments and compliance.

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Growth & Insights
Headcount

6 month growth

-44%

1 year growth

-51%

2 year growth

-58%

Benefits

Competitive medical, dental, and vision plans

Employer contribution to health savings account (HSA)

Flexible vacation time

Parental leave for birthing and non-birthing parents

401(k) for eligible employees & competitive global retirement plans

Life insurance for eligible employees

Flexible health and mental wellness stipend

Home internet & cell phone stipend

Commuter benefits

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