Cybersecurity Startup Lumu Acquires Threat Intelligence Service Provider Maltiverse — Channel Angels

Cybersecurity startup Lumu, which Channel Angels has backed since 2022, has acquired threat intelligence service provider Maltiverse. Financial terms of the deal were not disclosed.

Lumu technology allows security teams to act immediately on confirmed compromises and therefore minimize risk exposure. The company also promotes network detection and response for MSP cybersecurity operations. Lumo, founded in 2019, is based near Miami, Florida.

Maltiverse specializes in curated threat feeds and malicious indicators of compromise (IOCs). Maltiverse, founded in 2017, is based in Madrid, Spain.

The acquisition enhances Lumu’s ability to provide customers with deeper compromise context and strengthens its real-time threat intelligence capabilities, the buyer said.

Lumu Buys Maltiverse: Executive Perspectives

In a prepared statement about the deal, Lumu founder and CEO Ricardo Villadiego said: “Cybersecurity is an intelligence-driven challenge, and the acquisition of Maltiverse allows Lumu to deliver even deeper threat visibility and response capabilities, By integrating Maltiverse’s expertise in threat intelligence with Lumu’s real-time compromise detection, we are not only enhancing our current offering, but we are also doubling down on our commitment to the market: helping organizations of all sizes and verticals operate cybersecurity proficiently.”

Added Maltiverse CEO Hesaul Sanchez: “Joining Lumu marks an exciting new chapter for Maltiverse. Our mission has always been to provide high-fidelity threat intelligence to help organizations combat cyber threats effectively. By integrating our intelligence with Lumu’s offerings, we are amplifying our impact, empowering more organizations with the knowledge and insights needed to stay ahead of cyber adversaries.”

Lumu Funding History

Channel Angels invested in Lumu in 2022. At the time, the cybersecurity company raised $8 million. Key investors that round included Panoramic Ventures, KnowBe4 Ventures, former Zscaler and Palo Alto Networks executive Lane Bess; former Internet Security Systems CEO Tom Noonan; and SoftBank Group.

Fast forward to 2023, and Lumu raised $30 million in Series B funding led by Forgepoint Capital, with participation from existing investors BIP Ventures, Exceptional Capital, and SIMMA Capital.