Lacework Closes $24 Million Round

By StartUp City | Friday, September 21, 2018

Lacework, a Mountain View, a Calif-based provider of a solution to bring automation, speed, and scale to cloud security, closed a $24m Series B funding led by Sutter Hill Ventures, with participation from Liberty Global Ventures, Spike Ventures and the Web Investment Network (WIN), and AME Cloud Ventures.

The company intends to use the funds to accelerate growth in global sales and marketing capabilities and adoption and deployment of its security solution.

Led by Stefan Dyckerhoff, President and CEO, Lacework provides a security solution which gives organizations access to automated, end-to-end security and compliance for public clouds to minimize security risks, detect threats and close compliance gaps.

The Lacework Cloud Security Platform uses machine learning to analyze the billions of events generated by new clouds, baseline the normal behavior of each cloud deployment, and automate the detection and scoring of risks across the cloud’s multiple attack surfaces.