Adlumin, a security and compliance automation platform, announced on Tuesday it secured $6 million through its Series A round of funding led by Leawood Venture Capital with participation from various other institutional sources, including The Independent Community Bankers of America (ICBA).
“Business are routinely under attack by internal and external threats using rogue accounts, credential theft, and identity-based attacks to subvert defenses that can damage your reputation and bottom line. Organizations can’t wait weeks for answers — they need immediate detection and response actions. Adlumin’s cloud-native SIEM was built for financial institutions.”
Adlumin noted that its platform analyzes customers’ network data and turns it into response actions to protect against malicious activity. The company participated in the ICBA ThinkTECH Accelerator program, which is designed to foster community bank-fintech partnerships, and it was later selected as an ICBA Preferred Service Provider. Adlumin also was awarded a multimillion-dollar F-35 fighter jet contract with the U.S. Air Force. Speaking about the company’s development and future plans Adlumin CEO Robert Johnston, added:
“Through their overall support and funding, Adlumin is able to continue trailblazing our own path within the financial industry and offering our customers quality analytics and security. We look forward to executing our vision and revolutionizing the way corporations secure sensitive data.”
The investment round’s funding will be used to continue the growth of the Adlumin platform.