Security News > 2020 > November > Lucidum launches with $4M in seed funding to eliminate blind spots across cloud, security and IT operations

Lucidum launches with $4M in seed funding to eliminate blind spots across cloud, security and IT operations
2020-11-02 00:00

Lucidum launched with $4 million in seed funding from GGV Capital and Silicon Valley CISO Investments.

Lucidum is founded by former security and technology leaders at Splunk and backed by nearly two dozen current or former security and technology leaders to solve the ubiquitous and fundamental challenge of asset discovery and visibility that's preventing enterprises from efficiently managing, securing, and transforming technology.

"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 Oren Yunger who leads cybersecurity investments at GGV Capital and is also a founding member of SVCI - both investors in Lucidum.

"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."

Lucidum was built in conjunction with senior security leaders at global organizations across industries.


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