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Lacework Closes a $525 Million Growth Round to Scale Up Infrastructure Security for the Cloud Generation


Press release content from Business Wire. The AP news staff was not involved in its creation.
Lacework Closes a $525 Million Growth Round to Scale Up Infrastructure Security for the Cloud Generation
January 7, 2021 GMT
SAN JOSE, Calif. (BUSINESS WIRE) Jan 7, 2021
Lacework, the security platform for the cloud generation, today announced a $525 million growth round with a valuation of over $1 billion. Led by Sutter Hill Ventures and Altimeter Capital, and joined by D1 Capital Partners, Coatue, Dragoneer Investment Group, Liberty Global Ventures, Snowflake Ventures and Tiger Global Management, the round reflects Lacework’s accelerated adoption among digital businesses building on Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and Kubernetes. ....

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Comerica Bank Provides $250,000 in Support to Dallas and Phoenix Area Small Businesses Through DreamSpring Investment


Comerica Bank Provides $250,000 in Support to Dallas and Phoenix Area Small Businesses Through DreamSpring Investment
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DALLAS, Dec. 21, 2020 /PRNewswire/ Comerica Bank announced today it is investing $250,000 in Community Development Financial Institution (CDFI) DreamSpring to help small businesses sustain in its Dallas and Phoenix markets, as the pandemic continues to be a hardship on this sector.
CDFI s play a vital role in providing the engine of our economy relief during economic crises, said Comerica Bank Chief Community Officer Irvin Ashford, Jr. At Comerica, we are committed to assisting the communities we serve navigate through these difficult times by collaborating with nonprofit organizations like DreamSpring to support inclusive recovery efforts. ....

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