From a CEO Revolving Door to Comparisons With Snowflake: Security Startup Lacework Bounces Back

A couple years ago, Lacework reached the kind of crossroads where once-promising startups can easily slide toward also-ran status—or worse.

Faced with sluggish sales of its cloud-based cybersecurity product, Lacework was struggling to raise more money from existing investors and facing a revolving door of CEOs. At one point, after Lacework had spent nearly two years searching for a CEO, a software industry veteran who agreed to take the job, Dan Streetman, backed out at the last minute for a job at another company, said two people with direct knowledge of the matter.