Tech Company Financing Transactions
Adlumin Funding Round
Adlumin, based in Washington, raised $70 million from SYN Ventures, BankTech Ventures and First In Ventures.
Transaction Overview
Company Name
Announced On
10/24/2023
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series B
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
1701 Rhode Island Ave. NW
Washington, DC 20036
USA
Washington, DC 20036
USA
Phone
Website
Email Address
Not Recorded
Overview
Adlumin Inc. is revolutionizing the way corporations secure sensitive data and intellectual property while achieving their compliance objectives. 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.
Management Team
Browse more venture capital transactions:
Prev: 10/24/2023: Circu Li-ion venture capital transaction
Next: 10/24/2023: Oxolo venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs