On January 7, the cloud security provider Lacework became the first cybersecurity unicorn of 2021 when it raised $525M in a Series D round at a valuation of $1B.
Lacework’s mega-round underscores a period of heightened interest in cybersecurity. Funding to the sector reached an all-time high of $11.4B in 2020 — a nearly 50% increase from 2018.
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