Lumu Technologies expands cybersecurity reach with Maltiverse acquisition

Lumu Technologies, the cybersecurity company founded by Colombian entrepreneur Ricardo Villadiego, has announced its acquisition of Maltiverse, a Spanish company specializing in threat intelligence. This acquisition is set to enhance Lumu’s ability to provide deeper insights into threats, and to expand its presence in the European market.

Strategic expansion into the european market

This acquisition marks an important milestone for Lumu Technologies, not only enhancing its threat intelligence capabilities but also enabling the company to establish a solid presence in Spain. By acquiring Maltiverse, Lumu can now offer a more robust and comprehensive threat context to its clients, positioning itself for greater expansion into Europe.

Founded in 2019, Lumu has raised over $38 million in investments from major investors such as Forgepoint Capital, Softbank, BIP Ventures, Exceptional Capital, and Simma Capital. The company has grown rapidly and gained recognition for its innovative approach to cybersecurity. With this acquisition, Lumu aims to bolster its current offering by integrating Maltiverse’s threat intelligence with its real-time compromise detection capabilities.

Enhancing threat intelligence and detection

Ricardo Villadiego, the CEO and founder of Lumu Technologies, shared his thoughts on the acquisition “Cybersecurity is a challenge driven by threat intelligence, and acquiring Maltiverse allows Lumu Technologies to offer a more robust threat visibility and even stronger response capabilities.” He further emphasized that the integration of Maltiverse’s intelligence would allow Lumu to enhance its existing offerings and reinforce its commitment to helping organizations of all sizes and industries operate cybersecurity more efficiently.

By incorporating Maltiverse’s expertise in identifying malicious indicators of compromise (IOCs) from selected sources, Lumu Technologies will be able to provide a more in-depth understanding of threat actors. This will give its customers the ability to anticipate and proactively defend against emerging and evolving cyber threats. Additionally, the integration will provide enriched context on malicious activities driven by Maltiverse’s advanced threat intelligence.

What this means for cybersecurity in the future

Hesaul Sánchez, CEO of Maltiverse, expressed excitement about the future of the partnership

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

This strategic acquisition further strengthens Lumu’s competitive edge in the cybersecurity market and deepens its ability to offer real-time threat intelligence. With a growing demand for cybersecurity solutions that can address sophisticated and constantly evolving threats, this acquisition is poised to play a key role in helping organizations protect themselves against cybercrime on a global scale.

The integration of Maltiverse into Lumu Technologies’ operations is a significant step forward in the evolution of threat intelligence and cybersecurity solutions. With this acquisition, Lumu is not only enhancing its current services but also establishing a strong foothold in the European market, setting the stage for continued growth and success in the cybersecurity sector.