Lumos raises $30M+ to help companies manage their cloud applications


Startup Lumos Application Inc., which assists providers regulate the computer software-as-a-provider applications made use of by their employees, currently introduced from stealth method with additional than $30 million in initial funding.

Lumos lifted the money from a team of buyers that integrated Andreessen Horowitz. Popular engineering trader Lachy Groom, OpenAI LLC Chief Technology Officer Greg Brockman and Phil Venables, chief information and facts protection officer of Google Cloud, also participated in the spherical.

Info know-how groups put into action cybersecurity regulations to control how their companies’ cloud purposes are accessed by staff. That stops unauthorized customers from gaining accessibility to sensitive small business data. In a massive organization with countless numbers of workers who use hundreds of cloud companies, controlling which person might interact with what assistance can be a time-consuming job.

San Francisco-dependent Lumos has designed a system that promises to assistance IT groups manage software use with much less effort and hard work. The platform will allow employees to request entry to an application by way of a self-support interface. From there, Lumos routes every ask for to the suitable member of the IT crew for approval, which the startup suggests decreases the application onboarding approach to a couple minutes.

“There’s a greater, a lot more compliant way to control app and authorization sprawl,” claimed Lumos co-founder and Chief Govt Officer Andrej Safundzic. “It crucially requires structured self-provider. By enhancing part-centered access handle (RBAC) with a self-services portal (with roles, guidelines and workflows), IT, IAM and security groups can automate the on and offboarding procedure.”

Lumos also claims to simplify several similar tasks for IT teams.

In some scenarios, personnel have to have access to an application only for a limited total of time. An administrator aiding to deploy a new cloud services for the marketing office may well call for the capability to log into the service only right up until the set up system is comprehensive. For this kind of cases, Lumos gives a resource that allows organizations to assign temporary entry permissions to users. The short-term permissions automatically expire in just a predefined time frame. 

Lumos tracks which end users have accessibility to what applications in a centralized dashboard. According to the startup, directors can consult the dashboard to come across unused software program-as-a-provider subscriptions and lessen expenditures. Lumos also tends to make it attainable to detect cloud apps that were provisioned devoid of the IT department’s acceptance, which can perhaps direct to cybersecurity challenges if remaining unaddressed.

Lumos’ purchaser foundation includes enterprise know-how companies these kinds of as undertaking-backed file storage enterprise Nasuni Corp. and Druva Inc., a details defense provider that obtained a $2 billion valuation very last year. The startup has also a existence in a quantity of other marketplaces. 

Photograph: Unsplash

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