Lumeta Corporation, a Somerset, NJ-based provider of a network situational awareness platform, completed its latest tranche of financing, bringing the total to $13m.
The round was completed by an undisclosed international investor group.
The company will use the funds to expand its sales and marketing efforts, as well as broaden and accelerate product development and innovation within the platform. To further support these growth initiatives, Lumeta has also established a financing relationship with Silicon Valley Bank.
Led by Pat Donnellan, chief executive officer, Lumeta provides a network situational awareness platform that ensures visibility across the totality of their network. The solution features network architecture, segmentation and cybersecurity analytics tools.
Clients include national and international governments; commercial entities across banking, financial services, insurance, media, high tech, pharmaceuticals, aerospace and defense, energy, oil and gas, and non-profit health organizations.