Security News > 2021 > February > Lacework to accelerate growth with key executive hires

Lacework has announced several key executive additions as the company prepares for the next phase of growth.

David "Hat" Hatfield has been appointed Chairman and Chief Executive Officer; former CEO Dan Hubbard takes the helm as Lacework's Chief Product Officer; renowned security and machine learning researcher Ulfar Erlingsson, PhD. joins as Chief Architect; and industry veteran Mike Staiger has joined as CFO. Lacework founder and CTO, Vikram Kapoor is taking on an additional role as the founder of a wholly owned Lacework entity, to be revealed at a later date.

"Lacework is building the security company for the public cloud and we believe Hat is the right leader to fully realize its potential," said Mike Speiser, Managing Director at Sutter Hill Ventures and Lacework board member.

"We believe Lacework is on a trajectory to do for cloud security what Snowflake is doing for cloud data warehousing. We are thrilled to have Hat take the helm as we aggressively expand product development and scale globally."

"Lacework is a special company with a fantastic team and an enormous opportunity," said David Hatfield, newly appointed Lacework CEO. "With tens of thousands of companies and hundreds of billions of dollars shifting away from data centers to the cloud, the attack surface area and software development processes have fundamentally changed, and the legacy approaches for security simply don't work."

With hundreds of millions in growth capital, Hatfield as CEO, Erlingsson as Chief Architect, Kapoor building a wholly owned subsidiary, and with industry veteran Mike Staiger as CFO, Lacework is well positioned to lead the cloud security industry and offer its customers the latest innovation, world class customer experience, and be the trusted partner to secure cloud infrastructure and applications for businesses built on the cloud.

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