Lightspin

Company Overview

Snapshot

Founded in February 2020 by Or Azarzar, Lightspin operated with 11–50 employees. The company raised $25 million across 3 funding rounds from 3 investors, with Ibex Investors participating as a lead investor. Lightspin was acquired by Cisco Systems in March 2023.

Business overview

Lightspin provides a contextual cloud security platform designed to protect native, Kubernetes, and microservices environments from both known and unknown risks. Leveraging predictive graph-based technology, the company enables cloud and security teams to proactively identify and block attack paths, while simultaneously reducing and prioritizing security alerts to streamline remediation efforts. Lightspin operates within the Cyber Security sector, focusing on cloud security, vulnerability management, and threat detection for enterprises.

Strategic signal

The acquisition of Lightspin by Cisco Systems in March 2023 for an estimated $200-250 million signals a strategic move by a major technology player to enhance its cloud security offerings. This acquisition validates Lightspin's innovative approach to contextual cloud security and its predictive graph-based technology, indicating a growing industry demand for advanced solutions that streamline risk management and reduce remediation times in complex cloud environments.

Company Intelligence Q&A

What was Lightspin's last major corporate event?

Lightspin was acquired by Cisco Systems in March 2023. The acquisition was reported to be in the range of $200-250 million.

When did Lightspin emerge from stealth?

Lightspin emerged from stealth in November 2020, announcing a seed round of funding.

Which investors participated in Lightspin's Seed round?

In November 2020, Lightspin secured a Seed round with Ibex Investors participating as a lead investor.

Which investors participated in Lightspin's A Round?

In June 2021, Lightspin raised an A Round with Dell Technologies Capital as a lead investor.

What is Lightspin's core technology?

Lightspin utilizes predictive graph-based technology to identify and block attack paths in cloud, Kubernetes, and microservices environments, aiming to reduce security alerts and remediation time.