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Venture Capital News: Lumos Raises $35M Series B Financing

2024-05-23
SAN FRANCISCO, CA, Today Lumos, a software company centralizing the management of apps and identities for IT and security teams, announced its $35 million Series B financing.
Scale Venture Partners led the round with participation from Andreessen Horowitz, Harpoon Ventures, Neo and others. Lumos revenue has grown 9x since its last fundraise, and has won over top enterprise customers like Pinterest, MongoDB, and GitHub. It has done this by enabling both IT and Security teams to discover and manage an organization's apps-all with the goal of automating IT tickets, protecting against identity-based breaches and decreasing software spend.

Lumos is the only unified command center to discover and manage software vendors, app access and user identities. This helps organizations automate IT tickets, protect against identity-based breaches and decrease software spend. With Lumos, both IT and Security teams can centralize app and identity management in one platform.
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