Fundraising Fox

Lumu

Doral, US · Founded 2018 · Delaware corporation · 186 employees on LinkedIn · 5 known investors

Lumu provides a Threat Detection and Response platform that gives visibility across network, endpoint, identity, and cloud, integrating with existing security tools to automate threat response. It serves organizations in sectors such as education, finance, healthcare, government, and managed service providers, and offers personalized threat intelligence through its Threat Observatory product.

Also known as Lumu Technologies · Lumu Technologies Inc.

Founders & leadership

Lumu was founded in 2018 by Ricardo Villadiego.

RVRicardo Villadiego
Ricardo VilladiegoFounder
MC
Maria Christina DelgadoExecutive

Board

JA
Julian ArguellesBoard director

Investors · 5

Reported raises · per SEC filings

Form D private placements

$33.3M disclosed across 3 of 4 rounds · 2021–2023

$20.8MraisedOct 2023 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • RICARDO VILLADIEGOExecutive Officer, Director
  • FABIO BETANCOURTExecutive Officer
  • MARIA LOBATOExecutive Officer
  • LEONCIO CASUSOLDirector
  • KEN WALTERSDirector
  • JULIAN ARGUELLESExecutive Officer, Director
  • DAN DRECHSELDirector
  • MARIA CRISTINA DELGADOExecutive Officer
Offering amount
$25.9M
Amount sold
$20.8M
First sale
Sep 2023
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10MraisedOct 2022 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Maria Christina DelgadoExecutive Officer
  • Ricardo VilladiegoExecutive Officer, Director
  • Julian ArguellesDirector
Offering amount
$10M
Amount sold
$10M
First sale
Jul 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.5MraisedApr 2021 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Maria Christina DelgadoExecutive Officer
  • Ricardo VilladiegoExecutive Officer, Director
  • Julian ArguellesDirector
Offering amount
$4.8M
Amount sold
$2.5M
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Lumu Technologies is a cybersecurity vendor that builds a threat detection and response platform designed to confirm instances of compromise across corporate networks, endpoints, identities and cloud environments. The company pioneered what it calls Continuous Compromise Assessment, an approach that continuously analyzes telemetry to identify malicious activity rather than waiting for other security controls to raise alerts. Its flagship product, Lumu Defender, collects data through virtual and physical appliances, integrations with AWS, Azure, GCP and Kubernetes, native agents for Windows, macOS, Linux and ChromeOS, and API collectors for SIEM, EDR, firewall, VPN and ZTNA tools.

The platform detects hacker activity using artificial intelligence, spots threats across cloud and on-premises infrastructure, employee workstations and connected devices, and can identify malicious emails. Beyond detection, Lumu can automatically contain threats through integrations with third-party security tools — for example instructing a firewall to block a suspicious connection — or through response capabilities built into the Lumu Agent. It retains two years of network metadata to support retrospective threat hunting against newly published indicators of compromise, and presents compromised assets, malware propagation paths, adversary tactics and possible threat-group attribution in a consolidated incident view. More recent additions include Lumu AI for incident intelligence, an Autopilot capability that can manage incidents autonomously, Lumu Discover, and the Lumu Threat Observatory, which supplies sector- and region-specific threat intelligence.

Founding story

Lumu was founded by Ricardo Villadiego, a second-time founder who previously created Easy Solutions, an electronic fraud prevention and detection company, and led the cybersecurity business unit at Cyxtera Technologies. Earlier in his career he held leadership roles at IBM — including regional director for internet security systems in Latin America — as well as Internet Security Systems and Unisys. After studying corporate data breach patterns, he observed that attackers must always use a network, and developed technology to continuously look for and respond to signs of network compromise, which became Lumu. The company's name means "light" in Esperanto, reflecting its emphasis on visibility.

Business model

Lumu sells a software platform to enterprises and to managed service providers, positioning the product as a layer that works alongside and improves the effectiveness of a customer's existing security stack rather than replacing it. Delivery is through cloud-based software with collectors, appliances and endpoint agents deployed in customer environments.

Sources indicate recurring software revenue, with the company reporting annual recurring revenue growth of 133% year over year as of September 2023; specific pricing terms are not disclosed.

Traction

As of September 2023 the company reported 881 live deployments worldwide and 133% year-over-year annual recurring revenue growth. Publicly named customers include North Ridgeville Schools, Harding Academy, Marysville Schools, Uinta County School District, Meta Solutions, Sublette County School District, Beavercreek City Schools, Ozinga, Horizon Bank, Davivienda, Valid, Provident, Lehigh County, Mostellar Medical, Ophthalmic Consultants of Boston, Alachua County, and MSPs such as Lehigh Valley Technology, Touchstone Security and Kemper Technology Consulting.

Latest developments

Lumu announced the Lumu Threat Observatory at Black Hat USA 2026, offering personalized threat intelligence with a live view of threats targeting a customer's sector and region. The company also published a 2026 Compromise Report and a 2026 report on cybersecurity for education, promoted Lumu Discover product training, and highlighted recognition as a Leader in a GigaOm Radar report on network detection and response. The platform has added AI-powered security operations features including Lumu AI for incident intelligence and Autopilot for autonomous incident handling.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Lumu competes in the network detection and response and broader threat detection and response market. Press coverage of its 2023 Series B noted that its approach is not unique and named Ordr, Cyrebro, Darktrace and Vectra as vendors doing broadly similar work, while noting sustained demand for security spending. The company has cited leader placements from Forrester in network analysis and visibility and from GigaOm in network detection and response.

The company positions its network-centric Continuous Compromise Assessment model, confirmation of compromise rather than alert generation, an interface usable by operators without senior analyst expertise, adaptability to security stacks of varying sophistication, broad third-party integration for automated response, and two years of network metadata retention for retrospective hunting — which it contrasts with traditional NDR tools — as its principal points of differentiation.

Technology

The platform performs continuous analysis of network and environment telemetry to confirm malicious activity, using AI-driven detection aimed at identifying AI-powered attacks and adversaries abusing legitimate tools. Data collection spans virtual and physical appliances, cloud integrations (AWS, Azure, GCP, Kubernetes), native agents for Windows, macOS, Linux and ChromeOS, and direct API collectors for SIEM, EDR, firewall, VPN and ZTNA products. Response is automated through more than 180 integrations or via the Lumu Agent, and two years of stored network metadata enables retrospective analysis against new indicators of compromise.

Go-to-market

Lumu sells directly to enterprises through a North American and global sales organization and also serves managed service providers and MSSPs as a channel. Marketing includes published research such as annual compromise reports and sector-specific education cybersecurity reports, product training sessions, customer case studies and video interviews, and presence at industry events including Black Hat USA. Proceeds of the 2023 Series B were earmarked for expanding global sales and go-to-market efforts.

Enterprises and managed service providers, with a customer base spanning K-12 and higher education, banking and financial services, healthcare, state and local government, construction and hospitality. The company emphasizes resource-constrained security teams and organizations whose staff are not dedicated cybersecurity experts.

Geography

Headquartered in Miami, Florida (listed as Doral, FL in a company profile database), with founder and CEO Ricardo Villadiego based in South Florida. The company reports deployments worldwide, a dedicated North America sales organization, and customers in Latin America including Colombian bank Davivienda.

History

Several members of Lumu's leadership team previously worked together at Easy Solutions and Cyxtera, including COO Julián Argüelles, Chief Product Officer Javier Vargas and CMO Maria Lobato. The company raised a $30 million Series B in September 2023 led by Forgepoint Capital, bringing total funding to $38 million, and added Forgepoint Managing Director Leo Casusol to its board. Its executive team has since expanded to include CFO Fabio Betancourt, CTO Jeffrey Wheat, VP of Product Marketing Nicole Ibarra and SVP for North America Jarrett Benavidez. In 2026 the company announced the Lumu Threat Observatory at Black Hat USA.

Risks & controversies

TechCrunch noted that Lumu's approach is not especially novel and that numerous vendors offer comparable capabilities, and that venture financing for cybersecurity had fallen sharply — down 63% year over year to just over $1.6 billion in Q2 2023 — at the time of its Series B. Of the $30 million round, $6 million was debt rather than equity. Absolute revenue figures have not been disclosed.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual recurring revenue growth (YoY)Sep 2023133%
Live deploymentsSep 2023881 deployments
Network metadata retentionJan 20262 years
Product integrationsJan 2026180 integrations
Total funding raisedSep 2023$38M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 6

by search overlap
Netezza256 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Palo Alto Networks201 shared keywordsPalo Alto Networks provides cybersecurity platforms and services to protect organizations' digital infrastructure across cloud, network, and security operations. The company serves enterprise organizations, governments, financial institutions, utilities, and healthcare providers globally.
Check Point Software193 shared keywordsCheck Point Software Technologies is a cybersecurity company providing security products and solutions. This page is its investor relations section, containing annual reports, SEC filings, financial results, and corporate governance information.
Sentinel One187 shared keywordsSentinelOne provides an AI-powered cybersecurity platform for enterprises that integrates endpoint protection, threat detection, and incident response capabilities. The company serves large enterprises, including many Fortune 500 organizations, to protect against cyber threats at scale.
ArrowPoint155 shared keywordsCisco provides networking, data center, and security technology for enterprises, including infrastructure to run traditional and AI workloads and tools to keep organizations running against cyberattacks and outages. Its platform connects networking devices and monitors security events across corporate networks.
Ninjaone153 shared keywordsNinjaOne provides a SaaS platform that unifies endpoint management, IT automation, and security for IT teams. The product centralizes patching, monitoring, and management across large fleets of endpoints.

Companies competing with Lumu for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Jan 2026
Named a Leader in GigaOm Radar report for Network Detection and Response

Lumu's website cites recognition as a Leader in a GigaOm Radar Report on Network Detection and Response.

source ↗

Jan 2026
Lumu Threat Observatory announced at Black Hat USA 2026

Lumu announced the Lumu Threat Observatory at Black Hat USA 2026; the product provides personalized threat intelligence giving organizations a live view of threats targeting their specific sector and region.

source ↗

Sep 2023
Lumu raises $30 million Series B led by Forgepoint Capital

Lumu closed a $30 million Series B led by Forgepoint Capital with participation from existing investors BIP Ventures, Exceptional Capital and SIMMA Capital, bringing total funding raised to $38 million. TechCrunch reported that $6 million of the round was debt. Proceeds were earmarked for global sales and go-to-market expansion and for research and development.

$30M source ↗

Sep 2023
Forgepoint Capital Managing Director Leo Casusol joins Lumu board

As part of the Series B, Forgepoint Capital Managing Director Leo Casusol joined Lumu's Board of Directors.

source ↗

Sep 2023
Recognized as a leader by Forrester and GigaOm

At the time of the Series B announcement, Lumu stated it had recently been ranked a leader by Forrester in network analysis and visibility and by GigaOm in network detection and response.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
LumuDelaware

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Lumu do?
Lumu is a cybersecurity company whose platform detects and responds to network, endpoint, identity and cloud compromise.
Who founded Lumu?
Lumu was founded by Ricardo Villadiego in 2018.
Who are Lumu's investors?
Lumu's investors include AVP Ventures, BIP Ventures, Exceptional Capital, ForgePoint Capital, Open Opportunity Fund.
How much funding has Lumu raised?
Lumu has disclosed $33.3M raised across 3 of its 4 known rounds.
Where is Lumu headquartered?
Lumu is headquartered in Doral, US.