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About Lumos
Industries
Enterprise Software
Cybersecurity
Company Size
51-200
Company Stage
Series B
Total Funding
$63.2M
Headquarters
Palo Alto, California
Founded
2020
Overview
Lumos provides a platform for managing software applications, user access, and vendor relationships, specifically designed for IT and security teams. The platform automates routine tasks such as access provisioning and user access reviews, which helps reduce the workload on these teams and allows them to focus on more strategic initiatives. Unlike many competitors, Lumos emphasizes integration and automation, which leads to significant cost savings and improved efficiency for its clients. The goal of Lumos is to streamline IT operations, enhance security measures, and ensure compliance with various regulatory standards, ultimately helping organizations save time and reduce operational costs.
Simplify's Take
What believers are saying
- Acquisition of Fastgen enhances identity lifecycle management and threat detection capabilities.
- $35M Series B funding supports platform expansion and market reach.
- Recognition as 2024 Gartner Peer Insights Customers' Choice boosts marketing potential.
What critics are saying
- Integration challenges with Fastgen's technology could disrupt operations.
- Rapid expansion may lead to strategic misalignment or internal conflicts.
- Competitive landscape in identity governance and SaaS management is intensifying.
What makes Lumos unique
- Lumos integrates SaaS management and identity governance into a single platform.
- The platform automates routine IT tasks, reducing burnout and increasing efficiency.
- Lumos offers granular user access reviews for compliance with SOX, SOC 2, and ISO 27001.
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Funding
Total Funding
$63.2M
Above
Industry Average
Funded Over
2 Rounds
Andreessen HorowitzIndustry standards
Benefits
💯 Remote work culture
💯 Medical, Vision, & Dental coverage covered by Lumos
🛩 Quarterly team bonding trips fully covered by Lumos + Annual bonding stipend for even more travel flexibility
💻 Optimal WFH setup to set you up for success
🌴 Unlimited PTO, with minimum time off to make sure you are rested and able to be at your best
👶🏽 Up to (4) months off for both the Birthing & Non-birthing parent
💰 Wellness stipend to keep you awesome and healthy
🏦 401k contribution plan
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 0%Lumos App Inc.'ll integrate Fastgen's technology into Lumos in the coming weeks.
Lumos App Inc. at Lumos are super-thrilled to have been named the Customers' Choice for 2024 with distinction in the SaaS Management Platform on Gartner Peer Insights(TM).
SAN FRANCISCO and NEW YORK, Dec. 10, 2024 /PRNewswire/ -- Lumos, the leading Identity Platform, has announced the acquisition of automation technology from Fastgen, a pioneering low-code development platform. This strategic move positions Lumos to accelerate the delivery of a complete identity platform on auto-pilot, boosting efficiency and speed of IT and security teams. Lumos manages access to apps and data with complete visibility, intelligent controls that drive the right actions and full-cycle automation across the identity lifecycle. The acquisition includes Fastgen's advanced workflow builder, which will be integrated into the Lumos platform, augmenting identity lifecycle management, identity threat detection and response (ITDR) and spend optimization capabilities. With powerful custom workflows, customers can drive the right decisions from data at high velocity - driving down security risks and unnecessary spend
SAN FRANCISCO, Oct. 30, 2024 /PRNewswire/ - Lumos, the unified access platform company, today announced it has been named as a winner of the prestigious SINET16 Innovator Award for 2024.
Jim Pflaging Joins as Independent Board Member; Brian Vye and Janani Nagarajan Join as Head of Sales and Head of Product MarketingSAN FRANCISCO, Aug. 27, 2024 /PRNewswire/ -- Lumos , the Unified Access Platform company, today announced it has added three prominent security industry veterans to its growing team. Jim Pflaging joins as the company's first independent board member. Brian Vye, former VP of Sales at Veza, joins as the new Head of Sales, while Janani Nagarajan, previously at CrowdStrike, joins as Head of Product Marketing.Pflaging leads Cynergy Partners, a cyber advisory firm, and has over 30 years of Silicon Valley experience as a CEO, board member, and strategic advisor. He's spent 15 years as CEO of cybersecurity firms and has more than 10 years of experience as an outside board director at over 15 firms including SailPoint, Sophos, Connectwise, and Coalfire. In addition, at Cynergy Partners, he's advised over 100 cybersecurity companies on accelerating growth and risk management.Lumos has boosted its security positioning by adding prominent security industry veterans to its team
Lumos is Hiring for 6 Jobs on Simplify!
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About Lumos
Industries
Enterprise Software
Cybersecurity
Company Size
51-200
Company Stage
Series B
Total Funding
$63.2M
Headquarters
Palo Alto, California
Founded
2020
Lumos is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today