{"author":"posharma","children":[{"author":"clpm4j","children":[{"author":"happyopossum","children":[],"created_at":"2022-05-26T05:35:17.000Z","created_at_i":1653543317,"id":31515000,"options":[],"parent_id":31512530,"points":null,"story_id":31512297,"text":"Yeah, this was probably a mess, but I can\u2019t fathom calling what\u2019s happening \u2018a bit of inflation\u2019 when (in the US) it\u2019s higher than it\u2019s been in 40+ years\u2026","title":null,"type":"comment","url":null}],"created_at":"2022-05-26T00:02:06.000Z","created_at_i":1653523326,"id":31512530,"options":[],"parent_id":31512297,"points":null,"story_id":31512297,"text":"San Jose, Calif \u2013 November 18, 2021 \u2013 Lacework, the data-driven security platform for the cloud, today announced it has raised $1.3 billion in growth funding at a valuation of $8.3 billion. With this capital, which is the largest funding round in security industry history, Lacework will continue to invest in rapidly scaling its business globally, building on recent momentum of more than 3x year-over-year revenue growth, a 3.5x year-over-year increase in new customers, including LogicMonitor, Hypergiant, Sprinklr, and more than 3x year-over-year employee growth worldwide.

If a bit of inflation and modest interest rate hikes is enough to lead a company to lay off ~20% of its workforce after raising 1.3 $BILLION less than 6 months ago, then this company must be a total mess.","title":null,"type":"comment","url":null}],"created_at":"2022-05-25T23:37:05.000Z","created_at_i":1653521825,"id":31512297,"options":[],"parent_id":null,"points":16,"story_id":31512297,"text":null,"title":"Layoffs at Lacework","type":"story","url":"https://twitter.com/gergelyorosz/status/1529575067117658112"}