Lumeus.ai, a visibility-first Zero Trust networking platform, announces its launch with $6 million in seed funding led by Tola Capital with participation from pre-seed investors Emergent Ventures and First Rays Ventures. Satish Veerapuneni and Saurabh Jain started Lumeus.ai to help distributed enterprises modernize their network security while leveraging their existing infrastructure.
Businesses often lack comprehensive network visibility and control across branches, campuses, and cloud. Verizon found the increase in ransomware last year was as large as the previous five years combined. However, there is a way to mitigate such risk. IBM reported that organizations with mature Zero Trust programs save $1.5 million on average per breach, noting that the proper implementation of a Zero Trust approach has never been more important to reduce the risk of breach and safeguard infrastructure.
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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.”
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“There is an early opportunity right now for AI + Zero Trust networking to secure organizations in the cloud era. The team at Lumeus.ai has the right DNA to tackle this market and we’re excited to guide its go-to-market efforts,” said Will Coggins, Vice President at Tola Capital.
Lumeus.ai’s new platform helps customers:
- Provision Zero Trust Network Access, Zero Trust Segmentation & Application Experience Management with no agents installed on endpoints
- Consolidate three or more management consoles, reducing complexity for teams
- Achieve cost savings of up to 50% while leveraging your existing infrastructure
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