Lacework Closes $42 Million Financing Round
September 12, 2019

Lacework is receiving $42 million from Sutter Hill Ventures and Liberty Global Ventures, and has hired cloud security veteran, Andy Byron, as President to run all go-to-market functions.

Additionally, the company has added two new board members, Mike Speiser, partner at Sutter Hill Ventures, and John McMahon, cloud industry veteran and current Snowflake board member.

With the addition of new forward-thinking customers like HashiCorp, Iterable and AdRoll, Lacework is making significant progress in helping major brands get visibility and understanding into the vulnerabilities from DevOps to workload run-time operations. The new funding and leadership changes will support product innovation and go-to-market activities to help educate security, compliance, and DevOps teams that want a way to embed security continuously through build-time to run-time operations.

"Our new funding, new perspectives on the board of directors, and with Andy joining, are all going to be critical for how we build on our solid foundation as a cloud and container security leader," said Dan Hubbard, CEO of Lacework. "Lacework and our growing list of customers agree that there is a need for a new generation of security companies that are purpose-fit to secure today's modern infrastructure."

"We believe cloud infrastructure is a fundamental part of the digital revolution - and so securing it is very critical. Lacework has the best cloud security product and also a world class team to deliver on this promise. We look forward to working closely with them," said Ankur Prakash, Partner at Liberty Global Ventures.

Share this

Industry News

November 21, 2019

PASS, the global community of data professionals, has become one of the first major users of a new solution from Redgate that automatically discovers and classifies sensitive data in SQL Server.

November 21, 2019

OutSystems has embedded AI and machine learning in its software to make building applications even easier and faster for everyone.

November 21, 2019

Fugue announced Fugue Developer, a free tier that puts engineers in command of cloud security through the entire software development lifecycle (SDLC).

November 20, 2019

JFrog announced the launch of JFrog Container Registry - powered by JFrog Artifactory - as an advanced Docker container registry.

November 20, 2019

CloudBees introduced a graphical user interface (GUI) for Jenkins X.

November 20, 2019

Portworx announced an update to Portworx Enterprise, its container-native storage platform, to enable companies to run, scale, backup, and recover mission-critical applications on Kubernetes: PX-Backup and PX-Autopilot for Capacity Management.

November 19, 2019

Parasoft announced complete support for the newly updated 2019 Common Weakness Enumeration (CWE) Top 25 and "On the Cusp" (an additional 15 weaknesses) for C, C++, Java, and .NET languages.

November 19, 2019

Red Hat announced the release of Red Hat CodeReady Workspaces 2, a cloud-native development workflow for developers.

November 19, 2019

Postman has introduced Postman Visualizer, a two-fold feature that offers benefits for both API consumers and API developers.

November 18, 2019

Hewlett Packard Enterprise (HPE) announced the HPE Container Platform, an enterprise-grade Kubernetes-based container platform designed for both cloud-native applications and monolithic applications with persistent storage.

November 18, 2019

Lacework announced its integration with Datadog, a monitoring and analytics platform.

November 18, 2019

Codefresh is introducing a live CI/CD debugging tool.

November 14, 2019

Raytheon Company is collaborating with Red Hat to develop a new, security-focused software development solution, known as DevSecOps, for enterprise environments.

November 14, 2019

Fugue has open sourced the Fugue Rego Toolkit (Fregot) to enhance the experience working with the Rego policy language.

November 14, 2019

Sysdig announced Sysdig Secure 3.0 to provide enterprises with threat prevention at runtime using Kubernetes-native Pod Security Policies (PSP).