Lightspin

Company Overview

Snapshot

Founded in February 2020 by Or Azarzar and Vladi Sandler, Lightspin operated with 11–50 employees. The company raised a total of $25 million across three funding rounds from three investors, including lead investor Ibex Investors. Lightspin was acquired by Cisco Systems in March 2023.

Business overview

Lightspin developed a contextual cloud security platform designed to protect native, Kubernetes, and microservices environments from both known and unknown risks. Utilizing predictive graph-based technology, the company aimed to empower cloud and security teams to proactively eliminate attack paths, significantly reduce and prioritize security alerts, and accelerate remediation times. Lightspin operated within the Cyber Security sector, focusing on cloud security solutions for enterprises.

Strategic signal

Lightspin's acquisition by Cisco Systems in March 2023 for an estimated $200-250 million signals a strong validation of its cloud security technology and market relevance. This exit demonstrates the high demand for advanced cloud security solutions capable of addressing complex threats in Kubernetes and microservices environments, indicating a strategic consolidation trend within the cybersecurity industry.

Company Intelligence Q&A

When was Lightspin acquired?

Lightspin was acquired by Cisco Systems in March 2023.

What was the estimated acquisition amount for Lightspin?

In March 2023, Cisco Systems acquired Lightspin for an estimated $200-250 million.

Who were the founders of Lightspin?

Lightspin was founded by Or Azarzar and Vladi Sandler.

Which investor led Lightspin's Seed round?

In November 2020, Ibex Investors led.

Which investor led Lightspin's A Round?

In June 2021, Dell Technologies Capital led Lightspin's A Round, raising $16 million.