Cloud security startup Laminar set to be acquired for $200-250 million
Laminar, which has developed a security solution for early identification of cloud data breaches, is in negotiations with several notable firms in the data space
Israeli startup Laminar, which developed a security solution for early identification of cloud data breaches, is in advanced negotiations to be acquired in a deal valued at $200-250 million, Calcalist has learned.
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According to estimates, the company is in negotiations with several notable firms in the data space, including Datadog, Rubrik, and others.
Laminar, which has raised around $70 million to date, looks set to join the list of Israeli cyber companies that were acquired over recent months, which includes, Neosec (acquired by Akami), Lightspin (acquired by Cisco), Axis Security (acquired by HPE), and others.
Investors in the company include: Tiger Global Management, Salesforce Ventures, Insight Partners, TLV Partners, SentinelOne, and Meron Capital.
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Laminar provides agentless and asynchronous data security and leakage protection for everything built and run in the cloud.
It was founded in 2020 by Amit Shaked, its CEO, and Oran Avraham, its CTO, who met in the IDF’s 8200 unit. In his previous position, Shaked headed Magic Leap's AI group in Israel, while Avraham was the first employee of Israeli startup Medigate. Laminar has 80 employees in its offices in Tel Aviv and New York. The company's headquarters are in Tel Aviv, which also houses most of its R&D.
