Adlumin Snags $70M to Boost Security for Mid-Market Firms

Washington DC startup Adlumin has raised $70 million in Series B funding to enhance security for mid-market firms. The round was led by SYN Ventures, with participation from First In Ventures, Washington Harbour Partners, and BankTech Ventures. This brings Adlumin's total funding to $83 million and solidifies its position in the security operations and MDR (managed detection and response) space. Adlumin offers an enterprise-grade security solution with simplified pricing, targeting small and mid-market organizations. Its platform includes various security tools such as SIEM, threat intelligence, automated incident response, compliance monitoring, and more. Adlumin also provides its own MDR services and collaborates with managed service providers to deliver expert support to customers.