Snowflake-backed unicorn startup Lacework just made its first-ever acquisition in a big bet on making security easier for software developers

▤ Summary

In the whirlwind process of software development, security gaps may go unnoticed early on, leaving the enterprise vulnerable to attack. Lacework has emerged as a hot startup in the in-demand cybersecurity space, raising a $525 million round in January at a $1 billion valuation, even as it touted "300%+ revenue growth in 2020." With the Soluble acquisition, Lacework is going after developers in the infrastructure as code space, a philosophy of building and managing software with fewer manual processes involved. Adopting Soluble into Laceworks platform is intended to prevent businesses from only finding out about a security flaw after an application goes live, according to Parikh. What Soluble brings to the table is compatibility with popular cloud development environments like HashiCorps Terraform, Amazon Web Servicess CloudFormation, or the Google-backed open source Kubernetes tool.

▦ Linked Companies

Snowflake

$1B+