Altss Research / Venture case 07
Lacework
Lacework announced an $8.3bn private valuation with its November 2021 growth round. Fortinet completed its acquisition on August 1, 2024, and reported $152.3m in cash purchase consideration. The filing describes a business combination and the assets and liabilities acquired; it does not establish any individual investor’s return.
Altss Research · Evidence reviewed · Historical event record
Historical private valuation
$8.3bnCompany-announced private valuation for $1.3bn growth-funding/Series D round; pre/post-money not specified in issuer release.
Acquisition
$152.3mAcquired by Fortinet. Cash purchase consideration reported by acquirer in SEC business-combination note, for Lacework Inc.; do not relabel as present valuation or investor proceeds.
These figures have different valuation bases and dates. Their difference is not a measure of investor losses. Methodology ↗
The documented timeline
Private funding valuation disclosed
Company-announced private valuation for $1.3bn growth-funding/Series D round; pre/post-money not specified in issuer release.
Acquired by Fortinet
Cash purchase consideration reported by acquirer in SEC business-combination note, for Lacework Inc.; do not relabel as present valuation or investor proceeds.
Source documents
Publication and access dates identify the evidence used for this case.
Lacework via CNW / PR Newswire · Primary source · Published Nov 18, 2021 · Accessed Oct 26, 2026
Fortinet · Primary source · Published Aug 2, 2024 · Accessed Oct 26, 2026
Fortinet / SEC · Primary source · Published Feb 25, 2026 · Accessed Oct 26, 2026