| Founded | 2015 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Cybersecurity |
| Collapse type | Fire Sale |
Lacework
"Lacework raised $1.9B including at an $8.3B valuation — then cut 75% of its workforce in 2023 and sold to Fortinet for a fraction of what investors put in"
Distressed acquisition below last-round valuation
Key Events Timeline
Lacework built cloud security and anomaly detection technology using AI to identify unusual behavior across cloud infrastructure.
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