Lumigent Technologies

About Lumigent Technologies

Lumigent Technologies, established around the turn of the millennium in 1999, carved a niche for itself in the vertical market software sector, with a specific focus on audit and compliance solutions. The company was co-founded by Dr. Murray Mazer, who also served as its vice president, lending his expertise in computer science to shape the firm's technological direction. Dr. Mazer, a University of Toronto Ph.D. in computer science, was instrumental in the company's thought leadership within the IT compliance and security communities.

The firm's core business centered on providing automated Governance, Risk, and Compliance (GRC) software tailored for database security. This addressed a critical need for organizations to maintain the integrity of their business operations and reporting, particularly for those navigating complex regulatory landscapes. Lumigent's product suite was designed to continuously monitor changes to critical configuration and business data within applications and databases. This ensured adherence to a variety of standards and regulations, including Sarbanes-Oxley (SOX), HIPAA, and PCI DSS.

Key offerings from Lumigent included its AppGRC software and Audit DB solutions. AppGRC worked to safeguard an organization's business applications by monitoring activities and translating audit and compliance requirements for individual applications. The software provided features like application risk assessment, a trusted audit trail, application visibility, user management, and automated compliance reports. Another significant product was the Lumigent Vulnerability Manager (VM) DB 3.0, which offered a policy-based assessment of security vulnerabilities related to databases and their operating systems. A notable feature across its products was the ability to provide 'before and after' values for data changes, a crucial element for forensic audits.

Lumigent's journey included the acquisition of nTier Corp. to enhance its vulnerability management capabilities. The company attracted investments from firms such as Greylock, NetIQ, North Bridge Venture Partners, and Solstice Capital. After a period of operation that saw shifts in its market focus, Lumigent Technologies was acquired by BeyondTrust Software on May 17, 2011. The acquisition led to the integration of Lumigent's technology into BeyondTrust's PowerBroker family of products, enhancing their database security and monitoring offerings.