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Has Wiz beaten Lacework, Orca and other cybersecurity companies? https://www.calcalistech.com/ctechnews/article/sjgjl00r96 Lacework’s ARR is nowhere near to Wiz’s. Even other companies like Orca, SentinelOne, Synk etc best Lacework in ARR. Lacework is one such douchebag company which drove $1.3Billion investment to thrashcan. They now have negative ARR growth. https://www.reuters.com/technology/cloud-security-startup-lacework-valued-83-bln-after-mammoth-funding-round-2021-11-18/ Leadership and management have no clue how to steer this ship. I can clearly say that CloudSecurity Battle has been won by Wiz.io Apart from Wiz, only 4 other companies will be relevant. 1. PANW, 2. Zscaler, 3. Crowdstrike, 4. SentinelOne TC: 230k, yoe: 8 #lacework #meta #amazon #faang #aws #cybersecurity #zscaler #paloaltonetworks #crowdstrike #sentinelone
Game is already lost. E: also lol @ LW considering zscaler or s1 a competitor.
Why? Isn’t sentinelone a competitor?
We actually publish our ARR and will likely cross 1B in next financial year and achieve positive cash flow…think LW had a way to go
Lacework, Zscalar and Sentinel One are more or less the same. Main challenge for Wiz would be PANW and Crowdstrike. Having said that, Wiz is still a small company while other two are well matured products. True test comes when Wiz starts hitting scaling challenges. That’s where most of the companies fall off radar.
Wiz has 350Million ARR. They have most fortune 500 companies. Its a strong indication of them being able to scale.
We will see. If they succeed, that would be great for overall market. But u r gravely underestimating by comparing 0 to 1 growth vs 1 to 10.
The great consolidation is coming. Wiz better bring a rabbit out of its hat or get acquired. Lacework has negative ARR growth? Yikes dude
It's not negative but it didn't grow as much as the big brains said it would. The main target market was small to medium size businesses and that sector is cutting spending on services.
Yeah that's a pretty poor decision. It's harder to start small and climb upwards. Crowdstrike upsells cloud security to existing customers (which is basically everyone). Let's see what happens.
Poop
Cloud security is commoditized. Consolidation is coming.
Obviously I can understand you are pissed enough with the company that you work for you are ready to take a public dump! However where did you find the information that it has negative ARR? My understanding was it had plateaued and the future enterprise opportunity may help. You guys may know more!
No one asked you. Simply spreading negativity. What are you trying to prove? Did you get laid off? Are you trying to take revenge or something :)
U HR ?
OP posts a lot of negative stuff on our internal group too. It's been excessive lately.