Security News > 2020 > October > Asset Discovery Startup Lucidum Launches With $4 Million in Seed Funding
San Jose, California-based asset discovery company Lucidum emerged from stealth mode on Friday with $4 million in seed funding.
Lucidum has developed a platform that leverages machine learning to analyze data from nearly 100 existing tools and platforms in an effort to provide visibility into computers, mobile and IoT devices, cloud environments, and microservices.
Oren Yunger, who represents both GGV and SVCI and who will join Lucidum's board of directors, described the company's platform as Splunk for asset discovery.
"In many ways, Lucidum is like Splunk for asset discovery because of how it ingests a flood of data and condenses it in a way that gives organizations the information and context they need to take action," said Yunger.
"Beyond its leadership team, one of the very compelling things about Lucidum is its laser focus. While many other companies in the space try to do everything, Lucidum is focused on doing one thing - asset discovery and visibility - extremely well. And that one thing is a critical foundation for everything else."