Lumeus.ai Raises $6 Million in Seed Round

by Kay Aloha Villamor in May 19th, 2023

Lumeus.ai, a San Jose, CA-based visibility-first Zero Trust networking platform, announced it launched with a seed funding round of $6 million. 

The round was led by Tola Capital, with participation from esteemed pre-seed investors Emergent Ventures and First Rays Ventures. 

The company plans to allocate the capital toward expanding its product development and go-to-market teams in the United States and India. 

Launched today, Lumeus.ai offers a Universal Zero Trust platform that leverages AI/ML to help organizations increase visibility from campus to cloud, authorize resource access, and segment network traffic to prevent lateral movement. Lumeus.ai seamlessly connects to existing infrastructure in an agentless manner, meaning organizations see value from day one.

“We make it easy for our customers to visualize their network, authorize access, and segment traffic in order to reduce the risk of breach and improve experiences at a lower TCO (total cost of ownership) and all with one unified policy engine,” said Satish Veerapuneni, Co-Founder and CEO of Lumeus.ai. “We’re thrilled to have Tola Capital on board as a top-tier partner with its expertise in the IT and Security space.”

Company: Okulis, Inc. 

Raised: $6.0M

Round: Seed Round

Funding Month: May 2023

Lead Investors: Tola Capital

Additional Investors: Emergent Ventures and First Rays Ventures

Company Website: https://lumeus.ai/

Software Category: Universal Zero Trust Platform

About the Company: Founded by Satish Veerapuneni and Saurabh Jain in 2021, Lumeus.ai is a company that offers a visibility-first Zero Trust networking platform that helps IT and security teams modernize network security. The company is on a mission to help IT and Security teams modernize their network security by leveraging their existing infrastructure through an agentless, AI-assisted approach


Source: https://www.businesswire.com/news/home/20230518005022/en/Visibility-First-Zero-Trust-Networking-Platform-Lumeus.ai-Launches-With-6M-Seed

 


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