# Lumension Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lumension-security

- Industry: Software
- Headquarters: Scottsdale, US
- Website: www.lumension.com
- Total disclosed funding: $35M
- Latest round: Series B (Jan 20, 2005)
- Investors on record: 4

## About

Lumension Security, Inc. specializes in endpoint management and protection solutions, delivering critical software designed to mitigate security risks for organizations across diverse sectors.Founded in 1991 and headquartered in Scottsdale, US, Lumension Security, Inc. provides endpoint security solutions and has pivoted its focus to comprehensive security management. The company has successfully completed 6 funding rounds, with the latest being a Series B round in which USD 5.00 mn was raised, led by Granite Asia. Other investors in this round include Bay Partners, GIC, and Scale Venture Partners.Lumension Security, Inc. is a global leader in endpoint management and security, offering a comprehensive suite of software solutions designed to address critical security challenges for organizations across various industries. Core product offerings include endpoint management, vulnerability management, exposure management, and security operations management. These solutions function to prevent data loss and theft by enforcing encryption policies and identifying and patching vulnerabilities across diverse operating systems and applications.Lumension Security operates on a subscription-based revenue model, where clients pay for access to its software solutions, ensuring continuous updates and support. The company offers various pricing plans reflecting the scope of services, including flagship products such as Risk-Based Patch Management and Unified Endpoint Management, designed for organizations seeking comprehensive endpoint protection. Through structured transactions, Lumension maintains a steady revenue stream while providing high-value security solutions.Granite Global Ventures, BA Venture Partners, Bay Partners, and the Government of Singapore Investment Corporation have realized their investment in PatchLink Corp. Lumension aims to launch new products designed for enhanced endpoint security management, with specific release dates expected in the coming fiscal year. Furthermore, the company plans to expand its operations into new markets in Europe and Asia-Pacific by mid-2024, utilizing the recent funding from the Series B round to bolster these initiatives.

## Funding rounds

- Series B, Jan 20, 2005, $5M — Bay Partners, GIC, Granite Asia, Scale Venture Partners
- Series B, Aug 2, 2004, $30M — Bay Partners, GIC, Scale Venture Partners

## Investors

- Bay Partners (https://capitalatlas.ai/funds/bay-partners) — Series B
- GIC — Series B
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series B
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series B