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Adlumin is the security operations command center that simplifies complexity and keeps organizations secure. Its innovative technology and seamless integrations create a feature-rich platform with everything sophisticated security teams need, while empowering service providers and organization of any size with collaboration and transparency for a coordinated, mature defense.
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Adlumin Closes $70M Series B, Fueling its Mission of Bringing Enterprise-Grade Security to Mid-Market Organizations
/in Press Releases/by Ellen LoughlinSYN Ventures Leads Investment in the Security Operations Platform and Managed Detection and Response Provider Making Sophisticated Security Attainable
WASHINGTON – October 24, 2023 – Adlumin, the security operations platform and managed detection and response (MDR) provider keeping mid-market organizations secure, today announced that it closed $70 million in Series B funding led by SYN Ventures, with participation from First In Ventures, Washington Harbour Partners and BankTech Ventures. This investment brings the company’s total raised since inception to $83 million.
The funding will accelerate Adlumin’s growth and meet demand for the vast number of small and mid-market organizations that need an enterprise-grade solution with simplified pricing to defend against the same threats targeting the world’s largest businesses and government organizations. Adlumin’s proven ability to meet this demand through its modern platform, expert services, and channel-first approach has propelled the company to rank among the top 10% of America’s fastest-growing private companies and earn a spot on The Information’s 50 Most Promising Startups list for 2023.
In the U.S. alone, 200,000 middle market businesses employ approximately 48 million people and represent one-third of the private sector GDP, according to The National Center for the Middle Market. The data these organizations must protect is just as sensitive, and the threats they face are just as severe as their larger counterparts. Still, they have not had access to the same cybersecurity skills or resources.
Verizon’s 2023 Data Breach Investigation Report points out that companies of all sizes now use similar services and infrastructure, so their attack surfaces share more in common than ever before. As the report notes: “This has led to a convergence of attack profiles regardless of the size of the organization. However, what is very different is the ability of organizations to respond to threats due to the number of resources they can deploy in the event that they are attacked.”
One License, One Platform: Empowering Organizations and Trusted Service Providers
Adlumin’s patented security operations platform provides organizations everything they need for sophisticated, enterprise-grade security. This includes SIEM, vulnerability scanning, threat intelligence, UEBA threat hunting, honeypots, automated incident response and forensics, darknet exposure monitoring, compliance reporting and monitoring, and much more – through one license and one platform. As a modern, cloud-based, and flexible platform built to be the command center for security operations, Adlumin is pre-integrated with solutions that augment its capabilities and can be easily integrated with others. This comprehensive approach makes cybersecurity simple and cost effective for mid-market organizations that have been mired by the sprawl of different point solutions.
To address the challenges organizations face staffing their cybersecurity teams with qualified professionals, the Adlumin platform is specifically built to enhance collaboration with service providers who can deliver the type of expert support that is difficult for organizations to hire and retain on their own. Adlumin offers its own managed detection and response (MDR) services that provide customers with 24×7 human insights, threat hunting and trusted support. Adlumin also works closely with managed service providers (MSPs) and managed security service providers (MSSPs) who use its platform to serve their customers.
Regardless of who operates the platform, Adlumin delivers end-user organizations unmatched visibility into their security posture. Customers always have complete, real-time access to the Adlumin platform regardless of whether they are running it themselves or others are running it for them. This means they can see why an alert was identified and closed, can access investigation data, receive reporting and threat intelligence, generate compliance reports on-demand in a single click, and much more.
Most recently, new solutions Adlumin unveiled to address the security needs of middle-market organizations include a unique, subscription-based incident response service, and new financial protections including a no-cost warranty and discounted cyber insurance policies.
For more information on Adlumin’s security operations platform and MDR services, visit https://adlumin.com/platform/.
About Adlumin
Adlumin Inc. provides the enterprise-grade security operations platform and managed detection and response services that keep mid-market organizations secure. With one license and one platform, Adlumin’s patented technology and seamless integrations provide everything organizations need for effective threat hunting, incident response, vulnerability management, darknet exposure monitoring, compliance support, and more. Adlumin is feature-rich enough for organizations with in-house expertise to operate independently, yet purpose-built to enhance collaboration with and provide full, real-time visibility from trusted service providers. www.adlumin.com
Follow Adlumin: Twitter, LinkedIn, and Facebook.
Adlumin Contact:
Mike Reilly
fama PR for Adlumin
adlumin@famapr.com
Aqua Security Becomes First Partner to Deliver Cloud Native Application Protection Platform (CNAPP) to Adlumin Customers
/in Press Releases/by Adlumin StaffAdlumin’s enterprise-grade security operations platform now offers customers a more comprehensive approach to cloud native security — from code to cloud and back.
Aqua Security, the pioneer in cloud native security and Adlumin have announced a partnership and integration. As the first cloud native application protection platform (CNAPP) partner available to Adlumin customers, Aqua delivers a comprehensive approach to accelerate innovation and protect the entire development lifecycle from code to cloud and back.
Adlumin’s patented, cloud-native Security Operations Platform is feature-rich enough for organizations of any size to operate on their own, yet built specifically to amplify the skills and capabilities of managed service providers. In addition, Adlumin’s MDR services can offer 24×7 human insights, threat hunting and support, while ensuring the highest level of security across complex cloud native environments, to complement an MSP and/or organization’s security team, or provide fully-managed security operations on their behalf.
Adlumin integrates with products and services organizations to help them streamline security and give them the visibility they need to quickly detect and respond to security threats. Lightstream, a fully integrated cloud, security, and network connectivity services business specializing in building and managing secure cloud environments and network solutions, is a joint partner that helps streamline cloud security with Aqua via Adlumin’s Platform.
To learn more about the integration, request a demo of Aqua or contact us today to sign-up for a free trial.
Adlumin Unveils Warranty and Cyber Insurance Offerings that Make Coverage Attainable and Affordable for Previously Unprotected Small and Mid-Sized Organizations
/in Press Releases/by Adlumin StaffAdlumin Protection Plus Suite receives Cysurance Certification to Provide Low Friction Path to Complementary Financial Protection
WASHINGTON – September 12, 2023 – Adlumin, the security operations platform and managed detection and response (MDR) service provider keeping mid-market organizations secure, today announced a new warranty program that provides up to $500,000 of financial protection at no cost to customers who qualify. The warranty comes as a result of a third-party testing and certification program by Cysurance, a next-generation risk mitigation company that insures, warranties and certifies security solutions. The Cysurance Certification Program enables Adlumin to offer customers significant discounts on cyber insurance policies.
Together these new offerings provide a low-friction path to attaining complementary financial protection for small and mid-sized organizations who often struggle to find coverage that fits their needs. The Adlumin Protect Warranty enables organizations to qualify for cyber insurance at a lower premium, while also providing fast reimbursement in the event of an incident, and financial resources to support operations before an organization meets its cyber insurance deductible. For organizations covered by Adlumin Protect Warranty, approved payments or agreed remediation will begin 48 hours after verification of a cybersecurity incident.
Organizations that subscribe to the Adlumin Protection Plus Suite automatically qualify for $500,000 in warranty coverage at no charge, and are eligible for significantly discounted cyber insurance premiums from Cysurance.
Adlumin Protect is a low-friction certification warranty designed to safeguard Adlumin customers against business continuity and insure against loss, protecting their revenue and recovery. It builds on the company’s vision to provide a single platform that equips organizations with full visibility and the tools required to combat cybersecurity threats. For more information on Adlumin Protect Warranty, visit https://adlumin.com/resource/adlumin-protect-warranty/.
About Cysurance
Cysurance is a next-generation risk mitigation company that insures, warranties and certifies security solutions. Cysurance-certified partners meet the most stringent requirements demanded by underwriters of risks associated with hardware, software, infrastructure, and security services deployed by enterprises across all industries and geographies. Cysurance-certified offerings minimize vulnerabilities faced by public, private, and non-profit leaders. The company dynamically ensures adherence to the constantly evolving best practices for enterprise security, through an integrated ecosystem of solution providers who work seamlessly together to cost-effectively optimize the resilience of organizations. All insurance products and services are offered by Cysurance, a licensed producer.
About Adlumin
Adlumin Inc. provides the enterprise-grade security operations platform and managed detection and response services that keep mid-market organizations secure. With one license and one platform, its patented technology gives organizations and solution providers everything they need for effective threat hunting, incident response, vulnerability management, darknet exposure monitoring, compliance support and much more. www.adlumin.com
Follow Adlumin: Twitter, LinkedIn, and Facebook.
Adlumin Contact:
Mike Reilly
fama PR for Adlumin
adlumin@famapr.com