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Andrej Safundzic , Alan Flores Lopez and Leo Mehr encounter in a class at Stanford focusing on value orientation , public policy and technical variety . Safundzic — speaking to TechCrunch — says that the stratum drove home the full stop that few citizenry , particularly in the corporate sphere , have control condition over their on-line identity element .
It ’s this cum of an idea that lead Safundzic , Lopez and Mehr to brainstorm ways to better negociate digital corporate identity . Their exploit culminated inLumos , a program that help company manage app access permission across on - premises and swarm surround .
Lumos , which can be accessed via a mastery channel or the web , helps to orchestrate chore like audits of which substance abuser have admittance to which apps and systems within a corporate environment . Beyond this , Lumos can estimate and advocate way to reduce spend on software package license by cut across usage and desegregation expenses datum . And — leveraging AI — Lumos can convert bread and butter ticket into workflow and psychoanalyse employee information to suggest modifications to staff entree credentials .
Lumos ’ tools come specially in handy for business with heap of apps to wrangle , Safundzic allege — which surveys would suggest is most business . PerBetterCloud , companies were using an norm of 130 apps as of 2023 , up 18 % from the class prior .
“ Now that people are part to invest again , our feature around employee onboarding and ticket automation are arrive at grip because IT leaders desire to enable their manpower to achieve more , ” Safundzic said . “ The hereafter of memory access direction is IT and personal identity access management becoming more of a strategical function that tunes and releases AI agents that automate insistent tasks in different areas . ”
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With title of 9x revenue growthsince May 2022and a client base that includes Roku , MongoDB and Chegg , it ’s not surprising that some VCs are throw their free weight behind Lumos . This week , the startup closed a $ 35 million Series B tranche led by Scale Venture Partners with participation from a16z , Harpoon Ventures , Neo and others .
With a total of over $ 65 million in the savings bank , Lumos is well - position to head off themany , manyrivalsin the access and identity management markets , Safundzic enjoin .
“ Building a generalizable essence substructure makes it potential to mature our products right smart faster than normal , ” Safundzic order . “ Because of that , Lumos has been able to grow faster than competitive point solutions because we serve multiple pain points for customers , which made us show up in many different requests for proposals . For any company work up an final stage - to - end chopine , you ’ll have a lot of competitors due to the large product surface . ”
Lumos , which is based in San Francisco , plans to grow its workforce from 95 masses to ~150 by the end of the year .
