Cloud security company Lacework has successfully raised $1.3 billion dollars in funding, reports ZD Net.

Lacework has raised $1.3 billion in a new funding round to bolster its position in the cloud security market.

Cloud security needs to adapt to meet the needs of current users, reports Information Week. 

Business decision-makers today are constantly looking for the most efficient way possible to leverage new applications to grow revenue. Seems like business basics, right? The applied version of this is that most businesses today are looking for this benefit without having to deal with the cost of building an infrastructure to support those applications. 

According to FCW, the Defense Department is inviting Google and Oracle to bid on their next warfighter cloud program. 

The Defense Department has invited Google and Oracle to compete for its massive warfighter cloud program alongside Amazon and Microsoft.