클라우드 보안 시장과 Lacework

Yuichiro Chino  /  Getty Images / Techcrunch

The Information, The Briefing, 2021-12-28

By Amir Efrati

But the prices investors are paying aren’t cheap. One case in point is Lacework, which focuses on security software for companies running apps and other infrastructure via Amazon Web Services and other cloud providers. Last month the company announced a $1.3 billion funding round in which investors valued the company at $7 billion before the deal. Based on Kevin’s story about Lacework today, those investors—including Sutter Hill Ventures, which incubated the company, and new investors such as Franklin Templeton—paid around 150 times the company’s annual recurring revenue. (The story of Lacework is also remarkable for the fact that six people have already held the title of CEO during its six-year life.) That price seems tame compared to that of Lacework’s rival Orca Security, whose investors in March paid an ARR valuation multiple roughly twice as high, as Kate previously reported. 

결론은, 사이버보안 회사들이 벤처 투자 단계에서 고-멀티플, 고평가 기조를 유지하고 있다는 것.

 

참고 삼아 볼만한 클라우드 인프라 기업들 리스트

https://www.forbes.com/sites/rscottraynovich/2021/12/14/catching-up-on-cloud-infrastructure-startups-after-the-hashicorp-ipo/?sh=73b460655138 

To review, the Futuriom 40 list for 2021 — the private companies that we deem as most interesting to watch — included: Alkira, Arrcus, Aryaka Networks, Auth0, Aviatrix, Cato Networks, Cockroach Labs, Cohesity, Couchbase, Darktrace, Databricks, DriveNets, EDJX, Exabeam, Fivetran, Fortanix, HashiCorp, Infiot, Itential, Kentik, Lacework, Macrometa, NetFoundry, Netris.AI, Netskope, PacketFabric, Pensando, Pureport, Rubrik, Saguna Networks, StackPath, SUSE/Rancher Labs, Tigera, Triggermesh, TrueFort, Vapor.io, Versa Networks, Volta Networks, Weaveworks, ZEDEDA.

 

 

Lacework

Lacework lands $1.3B to expand its cloud cybersecurity platform

Lacework lands $1.3B to expand its cloud cybersecurity platform

Lacework, a developer of automated containerized workload defense and compliance solutions, today announced that it closed a $1.3 billion funding round, valuing the company at over $8.3 billion post money. Sutter Hill Ventures, Altimeter Capital, D1 Capital Partners, and Tiger Global Management led the round with participation from Franklin Templeton, Counterpoint Global (Morgan Stanley), Durable Capital, General Catalyst, XN, Coatue, Dragoneer, Liberty Global, and Snowflake Ventures. Co-CEOs David Hatfield and Jay Parikh said the funding will support Lacework’s product development efforts as the company expands its engineering and R&D initiatives.

Lacework, which was founded in 2015 by Mike Speiser, Sanjay Kalra, and Vikram Kapoor, aims to close security gaps across DevOps and cloud environments by identifying threats targeting cloud servers, containers, and accounts. Its agent provides visibility into running processes and apps, using AI to detect anomalous behavior. Concurrently, the agent monitors for suspicious activities like unauthorized API calls and the use of management consoles and admin accounts, limiting access to vulnerable ports and enforcing “least access” privileges.

Parikh describes Lacework’s platform — which is built on top of Snowflake — as “data-driven.” By collecting and correlating data across an organization’s public and private clouds, including Amazon Web Services, Microsoft Azure, and Google Cloud Platform instances, Lacework attempts to identify security events “that matter,” logging incidents to create a baseline against which future events can be measured.

In a boon for Lacework, the cybersecurity industry shows no sign of slowing. Cybersecurity Ventures — which noted that the cybersecurity market grew by roughly 35 times from 2004 to 2017 — recently predicted that global spending on cybersecurity products and services will exceed $1 trillion cumulatively over the five-year period from 2017 to 2021. During roughly the first half of 2021 alone, venture capitalists (VCs) poured $11.5 billion into cybersecurity startups as supply chain attacks and breaches ramped up. That easily surpassed the $7.8 billion total VCs pledged in all of 2020.

(Kyle Wiggers, 2021-11-18, VentureBeat)

 

Cybersecurity VC funding surges to a record $11.5B in 2021

Cybersecurity VC funding surges to a record $11.5B in 2021 – TechCrunch

“We are seeing a perfect storm of factors coming together to create the most aggressive threat landscape in history for commercial and government organizations around the world,” said Dave DeWalt, founder and managing director of NightDragon, which recently invested in multi-cloud security startup vArmour. “As an investor and advisor, I feel we have a responsibility to help these organizations better prepare themselves to mitigate this growing risk.”

According to Momentum Cyber’s latest cybersecurity market review out Wednesday, investors poured $11.5 billion in total venture capital financing into cybersecurity startups in the first half of 2021, up from $4.7 billion during the same period a year earlier.

More than 36 of the 430 total transactions surpassed the $100 million mark, according to Momentum, which includes the $543 million Series A raised by passwordless authentication company Transmit Security and the $525 million round closed by cloud-based security company Lacework.

(Carley Page, 2021-08-25, Techcrunch)

 

Lacework lands $525M investment as revenue grows 300%

Lacework lands $525M investment as revenue grows 300% – TechCrunch

As the pandemic took hold in 2020, companies accelerated their move to cloud services. Lacework, the cloud security startup, was in the right place at the right time as customers looked for ways to secure their cloud native workloads. The company reported that revenue grew 300% year over year for the second straight year.

It was rewarded for that kind of performance with a $525 million Series D today. It did not share an exact valuation, only saying that it exceeded $1 billion, which you would expect on such a hefty investment. Sutter Hill and Altimeter Capital led the round with help from D1 Capital Management, Coatue, Dragoneer Investment Group, Liberty Global Ventures, Snowflake Ventures and Tiger Global Management. The company has now raised close to $600 million.

(Ron Miller, 2021-07-07, Techcrunch)

 

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