The security services work across multiple clouds, and they use automation to prioritize risks, respond to threats, and connect that data with on-premises security operations.
The startup has spent the last two years building a comprehensive cloud security platform “that actually works,” and it plans to use the new investment to scale the company.
“There's always been some mysticism around security. I think most developers are interested in it, or curious about it, or pay attention to it in some fashion," Google's Dan
The late-stage funding follows banner years for both companies, which reported skyrocketing revenue and bigger customers deals, signaling the growing importance of cloud-native security.
Extended detection and response and secure access service edge were two of the hottest security trends last year, and they don’t show any sign of slowing down in 2021.
Palo Alto Networks said it will fold the startup’s technology, which codifies infrastructure configuration during development, into its Prisma Cloud security platform.
“We’re bullish on gaining market share in a $10-billion-plus [total available market] that’s growing faster than any other segment of the security markets,” Lacework CEO Dan Hubbard said.
“We were XDR before XDR was XDR, because we had to pull all the things together in order to enable our own teams to be successful,” Secureworks’ Ed Martin