Lacework Stock: Acquisition and Valuation History

Cybersecurity
Founded 2015 HQ San Jose, US

Lacework was a cloud security and CNAPP company that automated threat detection and vulnerability management across public clouds. Fortinet completed its acquisition of Lacework in 2024, and Lacework’s technology became part of Fortinet’s security platform.

UpMarket does not offer Lacework shares. This page covers Lacework's history before the acquisition.

Status
Acquired
By Fortinet, Aug 2024
Last Private Valuation
Not confirmed
Not confirmed by two independent reputable sources

How to Review Lacework's Funding History on UpMarket

Lacework was acquired by Fortinet in August 2024 and no longer has shares of its own. UpMarket does not offer Lacework shares. This page covers Lacework's valuation and funding history before the acquisition.

Step 01

Check the acquisition details

Lacework was acquired by Fortinet in August 2024.

Step 02

Review the valuation history

See how Lacework's private-market valuation changed across funding rounds before the acquisition.

Step 03

Review funding and revenue data

See reported funding rounds and revenue figures on this page, with their sources.

Step 04

Explore private companies

Accredited investors can review UpMarket's current pre-IPO offerings in companies that have not yet gone public.

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Valuation Growth Over Time

Post-money valuation by round
Previous rounds Most recent
DateRoundPPS (split-adj.)Valuation

Lacework Revenue and Growth

Annual revenue

Why Investors Are Watching Lacework

Competitive Moat

Lacework uses anomaly and signature detection in one platform

Contrary Research says Lacework combines signature-based and anomaly-based approaches to identify high-risk vulnerabilities in cloud workloads. It also consolidates multiple cloud security use cases into one platform using data and analytics.

Market Opportunity

Cloud security market seen growing to $62.9B by 2028

Contrary Research cites cloud security market growth to $62.9B by 2028, from $40.7B in 2023. It also notes Lacework serves container security within this expanding category.

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Lacework Leadership Team

David Hatfield
CEO
Jay Parikh
CEO
Vikram Kapoor
CTO

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Lacework Stock FAQ

No. Lacework was acquired by Fortinet in August 2024 and no longer has shares of its own. UpMarket does not offer Lacework shares.

Lacework has no stock price of its own since its acquisition by Fortinet. The prices shown on this page are historical private-market prices from before the acquisition.

No. Lacework was acquired by Fortinet and UpMarket does not offer Lacework shares. Accredited investors interested in companies that have not yet gone public can review UpMarket's current pre-IPO offerings.

Lacework is no longer an independent company, so its shares are not available to buy. This page is kept for its historical funding and valuation data. UpMarket does not offer Lacework shares.

In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.

Lacework was acquired by Fortinet in August 2024. What former shareholders received, cash or shares of the buyer, was set by the terms of the acquisition.

UpMarket does not offer Lacework shares. The minimum for most pre-IPO offerings on UpMarket is $50,000.

Lacework's last valuation was set by its acquisition by Fortinet. The figures on this page show its valuation history before the acquisition.

Lacework was a cloud security and CNAPP company that automated threat detection and vulnerability management across public clouds. It was acquired by Fortinet in Aug 2024. UpMarket does not offer its shares.

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