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Lastline

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The Software-Based Security Breach Detection Platform.

San Mateo, United StatesFounded 2011Cybersecurity
Valuation $100–250M Last recorded · 2017
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Lastline

Lastline, Inc. operates as a cybersecurity firm specializing in advanced malware protection, born from deep academic research into computer security. Founded in 2011 by a trio of distinguished academics—Engin Kirda, Christopher Kruegel, and Giovanni Vigna—the company translated its founders' expertise in systems, software, and network security into tangible defense products. The founders, all respected professors and researchers from institutions like UC Santa Barbara and Northeastern University, established Lastline as a 'last line of defense' to neutralize threats that have already bypassed traditional security measures. Their academic background is a core part of the company's identity, with the team including numerous PhDs and top-published security researchers.

The company's business model revolves around providing AI-powered network security solutions to enterprises, including some of the world's largest financial institutions. Lastline's technology protects critical infrastructures such as networks, email, cloud, and web services through on-premises software or a cloud-based service. Its flagship product, Lastline Defender, integrates several key technologies: File Analysis, Network Intrusion Detection (IDS), Cloud Workload Protection, and Network Traffic Analysis (NTA). A key differentiator is its sandbox technology, which utilizes full-system emulation, referred to as Deep Content Inspection, to analyze every instruction a piece of malware executes. This approach provides deeper visibility compared to traditional sandboxes and allows for the detection of evasive, zero-day threats with a high degree of accuracy and minimal false positives. The system analyzes millions of file samples daily to protect millions of users worldwide.

After raising approximately $52.4 million in funding over several rounds, with significant investments from firms like Thomvest Ventures, Redpoint, and Dell Ventures, Lastline demonstrated significant market traction. This growth trajectory culminated in its acquisition by VMware in June 2020 for an estimated $110 million. The acquisition was a strategic move by VMware to enhance its intrinsic security vision, integrating Lastline’s network detection and response (NDR) capabilities with its own NSX network virtualization platform and the Carbon Black endpoint security suite. Following the acquisition, Lastline became part of Broadcom after Broadcom's acquisition of VMware.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2011
Headquarters
San Mateo, United States
Employees
4
Open positions
None listed
Dealroom signal
61.6/100
Industry
Security, Enterprise Software
Sub-industry
Cloud & Infrastructure
Sector
Core AI, Spinout, Cybersecurity, AI Applications, DT and LS
Technology
Artificial Intelligence, Hardware, Deep Tech, Machine Learning
Business model
SaaS
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Jul 2017 $29M $114M Redpoint · Osage University Partners · NTT Finance · Thomvest Ventures —
EARLY VCOther financing Aug 2014 $10M $40M Dell Technologies Capital · Redpoint —
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Lastline website traffic

Latest recorded traffic for Lastline is 1.1K monthly website visits, up 547.1% over the last three months. Lastline's team grew 0% over the past year.

Latest monthly visits1.1K 3-month web change+547.1% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Series B and later3 investors entered at this stage

  • Thomvest Ventures
  • Osage University Partners
  • NTT Finance

Other known investors2 additional known investors

  • Northeastern University
  • University of California, Santa Barbara
Team profiled 21 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Lastline on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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