On Monday, cybersecurity vendor Fortinet announced plans to acquire the late-stage cloud security startup Lacework.
Lacework, once previously listed as a “unicorn” company valued north of $1 billion was founded in 2015. Developed by Sanjay Kalra (CPO) and Vikram Kapoor (CTO) with intention of simplifying and automating the security of enterprise cloud deployments. The company was able to raise a record-breaking $1.9 billion in funding from investors like Google Ventures, Altimeter Capital, and Sutter Hill Ventures. Fortinet made the decision to acquire to integrate Lacework’s CNAPP product into the Fortinet Unified SASE. This will enable customers to identify, prioritize, and remediate threats in a cloud-based infrastructure.
Read more:
https://www.securityweek.com/fortinet-expands-cloud-security-portfolio-with-lacework-acquisition/
