Lucidum Raises $4M in Seed Funding

USA – Lucidum, a San Jose, Calif.-based asset discovery company that eliminates blind spots across cloud, security and IT operations, launched with $4m in seed funding.

Backers included GGV Capital and Silicon Valley CISO Investments (SVCI). As part of Lucidum’s seed funding, Oren Yunger who leads cybersecurity investments at GGV Capital and is also a founding member of SVCI, is joining the company’s board of directors.  Co-founded by Joel Fulton, former CISO at Splunk, and Charles Feng, former head of security innovations and data science at Splunk, Lucidum provides a platform that employs patent-pending machine learning against a massive volume of pre-existing data to triangulate and provide context about known and unknown computers, mobile devices, cloud environments, IoT devices, microservices, and other technology assets. Without agents or scans, the company identifies anything that stores, processes, or transmits data and answers important questions about where an asset is, what it is, what it’s doing, and how it’s being used.  Through a list of integrations with nearly 100 of the most popular tools and platforms already in use by enterprise IT organizations, and an open API, the platform feeds IT operations, security, cloud, compliance, finance, and other core disciplines with information about the assets it identifies.  The platform is now available to a limited number of early access customers and a community edition will be available in Q1 2021. 02/11/2020