Symantec Acquires Security Startup Luminate
Luminate develops universal software that provides secure access to corporate applications on hybrid cloud environments
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Luminate develops universal software that provides secure access to corporate applications on hybrid cloud environments. The company was founded in 2017 by Israeli entrepreneurs Ofer Smadari, Leonid Belkind, and Eldad Livni, all veterans of military cyber units who have worked at Check Point Software Technologies Ltd. and at cloud security startup Adallom, which was bought by Microsoft in 2015.
Luminate is an alumnus of Microsoft's ScaleUp accelerator. In March 2018, it received a $14 million funding round from Menlo Park, California-headquartered U.S. Venture Partners and Tel Aviv-based Aleph Venture Capital.