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Mighty Buildings raises $52 million co-led by Aramco's Wa'ed Ventures and BOLD Capital to accelerate global expansion

Retrieved on:

Tuesday, September 12, 2023

Housing, Construction, 3D, Persian Gulf, Carbon, Lumus, Earthquake, Khosla Ventures, Water, Climate, Growth, Weather, United Arab Emirates, Cryptocurrency, Renewable energy, Mighty, Saudi Aramco

OAKLAND, Calif., Sept. 12, 2023 /PRNewswire-PRWeb/ -- Mighty Buildings raises $52 million co-led by Wa'ed Ventures and BOLD Capital to accelerate global expansion

Key Points:

This latest round demonstrates strong investor confidence in Mighty Buildings' innovative offsite 3D printing construction technology.
The round was co-led by Wa'ed Ventures, the $500 million innovation-focused venture capital fund backed by Saudi Aramco, and by BOLD Capital Partners, a U.S. disruption and transformation focused venture firm.
The round was co-led by Wa'ed Ventures, the $500 million innovation-focused venture capital fund backed by Saudi Aramco, and by BOLD Capital Partners, a U.S. disruption and transformation focused venture firm.
Using its patented Lumus material, which is 5x stronger than concrete, the technology of Mighty Buildings creates climate-resilient homes that resist severe weather, hurricanes and earthquakes.

Cybersecurity Company Lumu Raises $8M, Signs Partnership with KnowBe4, the World's Largest Integrated Platform for Security Awareness Training

Retrieved on:

Thursday, August 4, 2022

SoftBank Group, Multimedia, Internet, CEO, Technology, Native, Marketing, Security alarm, View, Metadata, Palo Alto Networks, Mechanic, IBM Internet Security Systems, Adam, Organization, Risk management, Lumus

MIAMI, Aug. 4, 2022 /PRNewswire/ -- Lumu, creators of the Continuous Compromise Assessment cybersecurity model that empowers organizations to measure compromise in real time, today announced it has closed an $8 million investment round, bringing total funding to $15.5 million. Led by Panoramic Ventures, the investment will serve as growth capital for sales and marketing initiatives to further Lumu's mission of helping organizations operate cybersecurity proficiently. Other investors include KnowBe4 Ventures, Lane Bess, former Zscaler and Palo Alto Networks executive, and Tom Noonan, former CEO at Internet Security Systems and the SoftBank Group's SB Opportunity Fund.

Key Points:

"The innovation Lumu is bringing to the market is evident and a true game-changer for cybersecurity operations."
The Lumu platform has analyzed more than 1 trillion metadata and detected more than 345 million adversarial contacts.
The companies will join forces to further their missions of enabling employees and security teams to make smarter security decisions every day.
Headquartered in Miami, Florida, Lumu is a cybersecurity company focused on helping enterprise organizations illuminate threats and isolate confirmed instances of compromise.

Lumu Reinforces Commitment to Proficient Cybersecurity Operations with CISO Advisory Board, Appoints Chase Cunningham as Chair

Retrieved on:

Wednesday, July 27, 2022

MIAMI, July 27, 2022 /PRNewswire/ -- Lumu, creators of the Continuous Compromise Assessment cybersecurity model that empowers organizations to measure compromise in real time, today announced the appointment of Dr. Chase Cunningham as Chair of its new Advisory Board. In this role, Cunningham will lead a strategic CISO advisory board to help enable organizations of all sizes to more optimally defend their organizations.

Key Points:

MIAMI, July 27, 2022 /PRNewswire/ -- Lumu , creators of the Continuous Compromise Assessment cybersecurity model that empowers organizations to measure compromise in real time, today announced the appointment of Dr. Chase Cunningham as Chair of its new Advisory Board.
In this role, Cunningham will lead a strategic CISO advisory board to help enable organizations of all sizes to more optimally defend their organizations.
"Lumu is definitely one of the top innovators in the cybersecurity operations space.
Headquartered in Miami, Florida, Lumu is a cybersecurity company focused on helping enterprise organizations illuminate threats and isolate confirmed instances of compromise.

Lumu Launches New Incident View for Faster Attack Management Built to Empower Security Teams

Retrieved on:

Monday, June 6, 2022

Operational technology, Ciso Morales, RSA, News, Organization, Solution, Multimedia, Budget, Lumus, SAN, Efficiency, Element, Risk management

SAN FRANCISCO, June 6, 2022 /PRNewswire/ -- Lumu, creators of the Continuous Compromise Assessment cybersecurity model that empowers organizations to measure compromise in real time, today launched Lumu's Incident View, providing cybersecurity operators with a single view of their company's cybersecurity stack for threat investigations. Built for proficient cybersecurity operations, its new feature is part of the company's paid tiers, Lumu Insights and Lumu Defender, and it allows for maximum efficiency during critical moments between detection and response.

Key Points:

Lumu's Incident View shows operators everything they need to know in one place for swift and precise response.
Teams receive actionable information about who was impacted, when the incident took place and how best to respond before it escalates to a bigger problem.
The Incidents View capability contains details about which actions were taken by other elements of a company's cybersecurity stack for better incident management.
Security teams can track incidents and the internal progress through the comment section within the incident.

Lumu Names Cybersecurity Veteran Jeffrey A. Wheat as Field Chief Technology Officer

Retrieved on:

Thursday, April 28, 2022

MIAMI, April 28, 2022 /PRNewswire/ -- Lumu, creators of the Continuous Compromise Assessment cybersecurity model that empowers organizations to measure compromise in real-time, today announced that Jeffrey A. Wheat has been appointed as field chief technology officer to accelerate momentum in the ever-evolving cybersecurity landscape. Based in the Kansas City metropolitan area, Wheat brings more than 30 years of hands-on cybersecurity intelligence, operations, and information technology experience to his new role.

Key Points:

Wheat has been appointed as field chief technology officer to accelerate momentum in the ever-evolving cybersecurity landscape.
Based in the Kansas City metropolitan area, Wheat brings more than 30 years of hands-on cybersecurity intelligence, operations, and information technology experience to his new role.
"Lumu's unrivaled ability to detect cyber compromises in real-time is changing the game for all organizations," said Wheat.
"I'm thrilled for Jeff to join Lumu as our new CTO to bring his expertise in driving solutions for transformative cybersecurity technology to the table," said Lumu CEO Ricardo Villadiego.

Lumu Introduces New Lumu Free, Broadest Network Detection and Response Solution Built for Companies of All Sizes, Verticals

Retrieved on:

Tuesday, February 15, 2022

Lumus, Collection, CEO, Artificial intelligence, Metadata, Intelligence, Friction, DNS, GLOBE, Organization, Risk management

The current threat landscape is ever more complex and sophisticated as organizations of all sizes are forced to rethink their cybersecurity strategies.

Key Points:

The current threat landscape is ever more complex and sophisticated as organizations of all sizes are forced to rethink their cybersecurity strategies.
Lumu offers a cloud-based solution that collects and standardizes metadata from across the network, including DNS queries, network flows, access logs from proxies, firewalls, and spam box filters.
Simple deployment: With just a few clicks, organizations can quickly gain access to actionable data regarding their unique state of compromise.
To learn more about Lumu or to open a Lumu Free Account, visit: www.lumu.io .

Silicon Valley Bank Establishes Physical Presence in Miami

Retrieved on:

Tuesday, September 14, 2021

MIAMI, Sept.14, 2021 /PRNewswire/ -- Silicon Valley Bank (SVB), the bank of the world's most innovative companies and their investors, today announced a team of commercial bankers have landed permanently in Miami to focus on Florida's dynamic innovation sector.

Key Points:

MIAMI, Sept.14, 2021 /PRNewswire/ -- Silicon Valley Bank (SVB), the bank of the world's most innovative companies and their investors, today announced a team of commercial bankers have landed permanently in Miami to focus on Florida's dynamic innovation sector.
"I am thrilled to welcome Silicon Valley Bank and its expanded presence to Miami," said Miami Mayor Francis Suarez.
For nearly 40 years, Silicon Valley Bank (SVB) has helped innovative companies and their investors move bold ideas forward, fast.
Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).

Save Big (Up to 25%) on Security Cameras & Join Exciting Egg Hunt at Reolink Easter Sale 2021

Retrieved on:

Wednesday, March 24, 2021

Reproduction, Animal sexuality, Computer humor, Easter egg, Perception, Video game cheating, Egg Hunt, Lumus, Egg, Technology

Reolink, a top smart security solution provider, is ready to run an Easter Salefrom March 24through April 4, withup to 25%discountson all top-notch security camera & system lineup.

Key Points:

Reolink, a top smart security solution provider, is ready to run an Easter Salefrom March 24through April 4, withup to 25%discountson all top-notch security camera & system lineup.
Aside from the great discounts, Reolink even sweetens the deal by running an exciting Egg Hunt on its site.
Customers are given 3 chances to hunt for the exclusive Easter eggs per day.
(Spoiler Alert: Some of the best value Easter eggs include FREE RLC-510A, Lumus camera& extra coupons up to 20%-off!)

Lumus Announces Lenovo as First Tier 1 Customer Going to Market

Retrieved on:

Wednesday, May 29, 2019

Mixed reality, Companies, Display technology, Augmented reality, Technology, Electronic engineering, Lumus, Video hardware, Lenovo

Lenovo's selection of Lumus optics for its AR glasses validates the opinion of third-party experts who have long acknowledged the superiority of Lumus optics in the AR market today.

Key Points:

Lenovo's selection of Lumus optics for its AR glasses validates the opinion of third-party experts who have long acknowledged the superiority of Lumus optics in the AR market today.
The Lenovo ThinkReality A6 device is one of the earliest products from a top tier company to use the Lumus optical engine mass production line in Taiwan.
Lumus AR display technology enables leading see-through performance, a wide field of view, and daylight readability in unobtrusive, natural-looking form-factor.
Lumus optics are in the market with leading brands such as Lenovo and with military aviation, health care, and logistics among the industries utilizing the company's optical engines.

Strategy Analytics: AR Lens Vendors Gear Up For 2020 Vision

Retrieved on:

Wednesday, January 30, 2019

However, the major news was happening behind the scenes; specialist AR lens manufacturers such as Lumus and LetinAR are improving their production capabilities.

Key Points:

However, the major news was happening behind the scenes; specialist AR lens manufacturers such as Lumus and LetinAR are improving their production capabilities.
This market development will underpin genuinely mass-market AR product launches that we can expect in 2020.
David MacQueen, Executive Director of the Virtual & Augmented Reality research program at Strategy Analytics, said, Why is lens manufacturing important?
This foundation will underpin the sexy AR product launches we can expect to see at CES 2020.