Adlumin Closes $70M in Series B Funding

Adlumin

Adlumin, a Washington, DC-based managed detection and response (MDR) company providing a security operations platform, raised $70M in Series B funding.

The round, which brought the total amount to $83M, was led by SYN Ventures, with participation from First In Ventures, Washington Harbour Partners and BankTech Ventures.

The company intends to use the funds to accelerate Its growth and meet demand for small and mid-market organizations that need an enterprise-grade solution with simplified pricing to defend against the same threats targeting businesses and government organizations.

Led by Robert Johnston, Founder and CEO, Adlumin provides an enterprise-grade security operations platform and managed detection and response services that keep mid-market organizations secure. With one license and one platform, its patented technology and integrations offer everything organizations need for effective threat hunting, incident response, vulnerability management, darknet exposure monitoring, compliance support, and more. Adlumin is feature-rich enough for organizations with in-house expertise to operate independently, yet purpose-built to enhance collaboration with and provide a real-time visibility from service providers.

FinSMEs

24/10/2023