FinTechFunding

Lumos: Raises Over $30M in Funding

Lumos Raises Over $30M in Funding

  • Lumos, a San Francisco, CA-based identity company, raised over $30m in funding
  • Backers included Andreesen Horowitz, Neo, Lachy Groom, Google Cloud CISO Phil Venables, OpenAI CTO Greg Brockman, and many more
  • The company intends to use the funds to continue to expand operations and its business reach
  • The company is on a mission to build the AppStore for companies, replacing an IT ticket with a self-service portal for employees to select the apps and permissions needed
  • The platform detects project, role, or employee changes and kicks off an access review process, removing licenses where applicable
Previous article
Norwood Systems: Raise $640,000 for telco services platforms
Next article
Curebase: Raises $40M in Series B Funding
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...
FinTech

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...
FinTech

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...
FinTech

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...