Lacework has raised $ 1.3 billion in a new round of funding to strengthen its position in the cloud security market.

The Series D funding round announced on Thursday was led by existing investors Sutter Hill Ventures, Altimeter Capital, D1 Capital Partners and Tiger Global Management.

New investors have joined, including Liberty Global, General Catalyst, Snowflake Ventures and Morgan Stanley Investment Management.

Founded in 2015, Top work develops cloud security solutions for the cloud, container and DevOps teams. The Lacework Cloud Security Platform collects, analyzes and compiles security and threat data for the detection of anomalies, the visualization of events and warnings and compliance.

The San Jose, California based company counts Cloudera, VMware, Nextdoor and Snowflake among its customers.

According to Lacework, the cash injection will be used to expand go-to-market strategies in the cloud …



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