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Lacework India Reviews

Bengaluru, Karnataka

4.0/ 5

3 reviews

Lacework Security India Private Limited is an active private unlisted subsidiary of a foreign company, incorporated on January 6, 2022. It functions as the Indian arm of Lacework, Inc., a prominent data-driven and AI-powered cybersecurity firm headquartered in Mountain View, California. Registered with the Registrar of Companies (RoC) in New Delhi, the company is classified under computer and related activities, with its primary operations centered around software publishing, IT consultancy, and custom software maintenance and supply. The entity operates with an authorized and paid-up share capital of INR 5,00,000 and generated an annual revenue of INR 57.5 lakhs for the financial year ending March 31, 2025. Its leadership structure includes directors such as Patrick James Slocum and Geetika Mittal. The operational foundation of the Indian subsidiary is deeply tied to its parent company's globally recognized technology. Lacework developed a Cloud-Native Application Protection Platform (CNAPP) designed to automate cloud security at scale. The platform operates comprehensively across major public and multi-cloud environments, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform, as well as hybrid infrastructures. By utilizing machine learning, behavioral analytics, and automation, Lacework’s core product, the Polygraph Data Platform, maps cloud workflows to establish a temporal baseline of normal operations. This methodology allows the platform to autonomously detect anomalies, insider threats, cyberattacks, and configuration vulnerabilities while dramatically reducing alert fatigue for security operations center (SOC) teams by 80% to 95%. Globally, Lacework was incubated by Sutter Hill Ventures in 2015 and grew rapidly to become one of the most well-capitalized cybersecurity startups in the industry. It raised a total of $1.9 billion across multiple venture capital funding rounds from top-tier institutional investors, including Altimeter Capital, Tiger Global Management, and AME Cloud Ventures. The company reached a peak valuation of $8.3 billion following a massive $1.3 billion Series D funding round in late 2021. However, shifting macroeconomic conditions and late-stage SaaS market corrections eventually led to a strategic transition. In June 2024, global cybersecurity leader Fortinet acquired Lacework for an estimated $200–230 million. Following the acquisition, the platform was integrated into Fortinet’s Security Fabric architecture as FortiCNAPP, allowing the technology to scale with broader network, endpoint, and cloud security integrations. The Indian entity continues to remain active as an operating subsidiary under Fortinet's corporate umbrella, contributing specialized technical and engineering capabilities to the global cloud security portfolio.