Lacework Raises $1.3 Billion at $8.3 Billion Valuation>
Lacework Blog
Record Growth and Customer Momentum Draws Largest-Ever Funding Round In Security Industry, Validates Lacework as Most Trusted, Innovative Data-Driven Security Platform for the Cloud

San Jose, Calif â November 18, 2021 â Lacework, the data-driven security platform for the cloud, today announced it has raised $1.3 billion in growth funding at a valuation of $8.3 billion. With this capital, which is the largest funding round in security industry history, Lacework will continue to invest in rapidly scaling its business globally, building on recent momentum of more than 3x year-over-year revenue growth, a 3.5x year-over-year increase in new customers, including LogicMonitor, Hypergiant, Sprinklr, and more than 3x year-over-year employee growth worldwide.

This Series D round was led by existing investors Sutter Hill Ventures, Altimeter Capital, D1 Capital Partners, and Tiger Global Management with participation from new investors including Counterpoint Global (Morgan Stanley), Durable Capital, Franklin Templeton, General Catalyst, and XN. Coatue, Dragoneer, Liberty Global Ventures, and Snowflake Ventures, all existing investors, also participated.
Link: https://www.lacework.com/press-release/lacework-closes-seriesd-funding-round/