As a result, Lacework customers can use the Google Cloud when looking for multi-cloud capabilities as part of their security operations deployments.Īcronis offers data protection products and solutions. The two companies are working together for upcoming integrations with Google Cloud Security Command Center. In February this year, Lacework secured funding from Google Ventures and agreed a partnership with Google Cloud. It says that revenue tripled in 2021 on a 350% growth in new customers. By the end of 2021, the firm has raised nearly $1.9bn with a market capitalisation of $8.3 billion. The company develops polygraphs offering auditing, forensics, breach detection and user attribution. Lacework’s time machine enables users in storing and identifying the behavioural changes in the datacenters and tracks all the activities to find data breaches. The company prepares datacenter polygraphs to detect users, workloads and applications and their interactions. Its platform allows security teams to identify and safeguard the cloud and datacenter workloads without utilising the manual tagging, rules or policies. The firm provides a cloud security platform. The money was secured in 131 deals.Ĭybersecurity unicorns as at 17 June 2022 The sector raised a record $8.8bn in 2021, tripling the amount raised in 2020. Israel’s cybersecurity industry had an outstanding 2021, setting new records in a number of fields, according to the Israel National Cyber Directorate. Other prominent Israeli-founded cyber unicorns headquartered in the US include Forter and Axonius. Notably, a number of the cyber unicorns with Israeli roots feature prominently in the unicorns ranking with Tanium, now valued at $9b and Snyk at a $8.5bn valuation. The Middle East and Africa region accounted for about 10% of the deals, primarily including cybersecurity start-ups based in Israel. The report also revealed that regional investment activity in the second quarter of 2021 saw more than $8.1bn invested across 209 deals globally, with North America (primarily the US) accounting for more than 58% of the deals, valued at $6.1bn, followed by Europe at 17%. Specifically, the report shortlisted some 126 cybersecurity startups globally with 50 of them predicted to become unicorns in the future. A raft of innovative Cybersecurity startups with cutting-edge expertise in various sectors are predicted to become tomorrow’s unicorns. And as the GlobalData report entitled Future Unicorns in Cybersecurity, published last August forecasts, the number of cybersecurity unicorns will hit three figures before long. In the past 12 months alone, the number of cybersecurity firms with $1bn valuations has almost doubled to 59.
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