Luminate Security

Company Overview

Snapshot

Founded in November 2016 by Ofer Smadari, Eldad Livni, and Leonid Belkind, Luminate Security operates with 11–50 employees. The company was acquired by Symantec in February 2019, marking a significant exit in the cybersecurity landscape.

Business overview

Luminate Security provides a software-as-a-service platform designed to offer secure access to corporate applications and services within hybrid cloud environments. Based on software-defined perimeter principles, its technology enables access to applications hosted across various infrastructures including IaaS, PaaS, hosting, or hybrid cloud data centers. The company's clientless solution facilitates rapid deployment and delivers enhanced security and insights for actions performed within corporate applications, serving enterprises in the cyber security sector.

Strategic signal

In February 2019, Luminate Security was acquired by Symantec, a move that significantly extended Symantec's capabilities in software-defined perimeter and zero-trust security for the cloud generation. This acquisition validated Luminate Security's innovative approach to secure access and signaled a consolidation trend in the cybersecurity market, with larger players integrating advanced solutions to address evolving cloud security challenges.

Company Intelligence Q&A

What was a significant milestone for Luminate Security in early 2019?

In February 2019, Luminate Security was acquired by Symantec, leading to its closure as an independent entity.

What recognition did Luminate Security receive in May 2018?

In May 2018, Luminate Security was recognized as a Cool Vendor in Cloud Security by Gartner, highlighting its innovative solutions in the sector.

When did Luminate Security emerge from stealth mode and announce its initial funding?

In March 2018, Luminate Security emerged from stealth mode, announcing $14 million in funding to redefine access to corporate IT data centers. Investors included Aleph and U.S. Venture Partners.

What key integration did Luminate Security announce in July 2018?

In July 2018, Luminate Security announced its integration with Microsoft Azure, providing seamless and secured access to hosted corporate applications for its users.

Who are the founders of Luminate Security?

Luminate Security was founded by Ofer Smadari, Eldad Livni, and Leonid Belkind.