Lacework has recently announced a global business expansion into the EMEA region.
Building on its innovation lead since launching in 2015, Lacework’s rapid growth is a testament to the company’s revolutionary approach of tackling security as a data problem through the Lacework Polygraph. Customers are increasingly relying on Lacework to access a unique view into all entities across applications, users, networks, containers and processes in a data centre to quickly secure the code, the container and the cloud in a way that empowers developers to build at lightning speed.
This EMEA expansion comes on the heels of eight straight quarters of sequential revenue growth, Lacework’s best quarter to date in Q1 of this year and $525 million in funding from Sutter Hill Ventures and other top tier investors in January.
The company is making significant investments into building out its EMEA operations, including a European HQ in Dublin, regional offices in the UK, France and Germany, and an AWS data centre in Frankfurt. Alongside strategic sales, marketing and customer success hires in the region, most recently the appointment of Ryan Sheldrake as EMEA Field CTO. The company has also expanded its Executive team, including the additions of Mike Staiger as CFO and David Hatfield as CEO, following his successful tenure as the President of Pure Storage, Inc where he led the company through eight years of hyper growth from inception to more than $1.5 billion in revenue.
IDC predicts that by 2023 there will be $218bn in Infrastructure-as-a-Service and Platform-as-a-Service spend, with cloud security estimated at more than $12bn. Lacework’s security and compliance offerings aim to serve the needs of developers building solutions in the cloud as well as security teams, overcoming the challenges of increasing data volumes and replacing fragmented security solutions with a best of breed, easy-to-use platform. With EMEA currently facing a significant digital skills gap, automated security solutions are perfectly positioned to support overstretched IT and security teams.
Ryan Sheldrake, Lacework EMEA Field CTO commented, “Lacework is a special company in a very exciting stage of growth and product development, and we are delighted to now expand our reach and operations into EMEA. Digital businesses should not have to choose between innovation, speed and security. With Lacework, organisations no longer need to make these trade-offs. Our team has worked incredibly hard to develop a truly sophisticated platform with consumer-level ease of use that automates cloud security at scale, and it’s now time to kickstart a secure cloud revolution.”
Lacework’s partner ecosystem is critical to its continued success in helping customers implement and manage security in dynamic cloud environments. The company will continue to expand EMEA channel and technology partnerships and recently announced its collaboration with MBA IT, an established IT solutions and services partner that helps service-sector customers navigate the current and emerging technology choices to achieve better business outcomes.