Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M, say sources

Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to be acquired by another security player, Wiz, for a price of just $150–$200 million. Sources close to the negotiations said […] © 2024 TechCrunch. All rights reserved. For personal use only.

Apr 18, 2024 - 21:30

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Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M, say sources

Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to be acquired by another security player, Wiz, for a price of just $150–$200 million. Sources close to the negotiations said […]