L
Luminate Security
Enables enterprises to provide secure access to their corporate applications and services
About Luminate Security
Luminate Security, established in 2017 by co-founders Ofer Smadari, Leonid Belkind, and Eldad Livni, emerged as a specialized player in the cybersecurity sector, focusing on securing corporate applications and services. The company's leadership team brought considerable experience to the venture; Ofer Smadari, the CEO, previously co-founded and led another security company, while Leonid Belkind, the CTO, possessed a deep background in software engineering and cybersecurity research. Eldad Livni, the CPO, had a track record in product management within the security space. This collective expertise shaped Luminate's core mission to simplify secure access for the modern, distributed workforce.
The company developed a platform centered on the principles of Zero Trust Network Access (ZTNA). This approach operates on the tenet of "never trust, always verify," granting employees and third-party users access to specific corporate applications on a need-to-know basis, rather than providing broad access to the entire corporate network. Luminate's solution was designed to be agentless, meaning users could access applications through a web browser without needing to install any software on their devices, which streamlined deployment and user experience. The platform integrated with various cloud environments, including Amazon Web Services, Microsoft Azure, and Google Cloud Platform, as well as on-premise infrastructure.
Luminate's business model targeted enterprises looking to move away from traditional VPNs, offering a more granular and secure method for managing application access for a geographically dispersed user base. The platform aimed to provide secure, direct access to any application, hosted anywhere, from any device. In a significant milestone for the startup, Luminate Security was acquired by Symantec in February 2019. This acquisition integrated Luminate's ZTNA technology into Symantec's broader Integrated Cyber Defense Platform, demonstrating the strategic value of its access management solution in the evolving cybersecurity landscape.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2016
- Headquarters
- Tel Aviv-Yafo, Israel
- Employees
- 11
- Open positions
- None listed
- Dealroom signal
- 59.7/100
- Industry
- Security
- Sub-industry
- Device security & Antivirus
- Sector
- Cloud Security, Identity Management, Data Analytics, Data Protection, Cybersecurity
- Client focus
- b2b
- Investment activity
- 1 company, latest Feb 2019
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Feb 2019 | $200M | $200M | Symantec | ↗ |
| SERIES A✓Equity / VC | Mar 2018 | $11M | $44M | Aleph | — |
Growth signals
Latest recorded traffic for Luminate Security is 14K monthly website visits, down 17.6% over the last three months. Luminate Security's team declined 31.3% over the past year.
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|---|---|---|---|---|---|
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| Giv'at Shmuel, Israel | Acquired | ||||
ImpervaProvides cyber security solutions that protect business-critical data and applications |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Other known investors1 additional known investor
Symantec
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Luminate Security on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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