THANK YOU FOR SUBSCRIBING
Enterprise Security Magazine | Wednesday, November 04, 2020
Lucidum has raised $4 million in its seed funding round.
FREMONT, CA: Lucidum, an asset discovery solution providing startup, has raised $4 million as a seed fund. The company would be using this raised fund to primarily automate the process of asset discovery and also eliminate blind spots across cloud, security, IT operations as well. The seed funding round was led by companies, namely, GGV Capital and Silicon Valley CISO Investments (SVCI). Lucidum is founded by former security and technology leaders at Splunk. The company is backed by around two dozen current or former security and technology leaders, who would help in solving the ubiquitous and fundamental challenges of asset discovery as well as visibility.
Lucidum focuses on enables enterprises to efficiently manage, secure as well as transform technological approaches according to the market and industry trends. The company has realized that effective IT and security management would primarily start with interpreting the assets and their state. The company and its expertise would automatically provide an accurate and risk-free picture of the whole asset ecosystem. The company promises its users with ten times return on investment and also maximizes efficiency as well as accuracy. This startup also seeks to solve a lot of practical problems in the paradigm of cloud asset security.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Lucidum is an asset discovery solution provider that focuses on eliminating blind spots across cloud, security, and IT operations. This startup has the capability of serving Fortune 500 companies. The company’s platform, as well as its patent-pending machine learning algorithm, works towards discovering, triangulating, and identifying all the assets and increase the scope for visibility and enable security and management of them at the enterprise level.
More in News