Luminate Security Emerges from Stealth with $14 Million in Funding

Luminate Security today emerged from stealth and announced a total of  $14 million in combined Series A and seed round funding. Luminate is backed by U.S. Venture Partners and Aleph Venture Capital, along with the ScaleUp program of Microsoft for startups.

Luminate was founded in January, 2017, and has spent the last 14 months developing and deploying its software. The company’s founders are cyber security veterans Ofer Smadari, Leonid Belkind, and Eldad Livni, who played senior roles in some of Israel’s most innovative security and infrastructure companies, including Check Point Software Technologies and Adallom, which was acquired by Microsoft.

Unlike traditional security solutions, Luminate enables IT operations to move at the speed of digital business requirements and to integrate seamlessly with existing IT tools. Employees can safely access any corporate resources from any device while IT and security teams gain a comprehensive security governance framework, effectively eliminating risks of attacks on their resources.

The company, which is headquartered in Israel and Silicon Valley, plans to use the funding to expand its operations in the U.S. and to develop its channels and customer base.