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Symantec Acquires Zero Trust Cloud Security Startup Luminate Security

Symantec announced on Tuesday that it has acquired Luminate Security, an Israel-based company that specializes in securing access to corporate applications in hybrid cloud environments.

Luminate emerged from stealth mode in March 2018and had raised $14 million in funding.

Terms of the acquisition were not disclosed.

The company’s Secure Access Cloud software-as-a-service (SaaS) platform relies on BeyondCorp, a zero-trust enterprise security model developed by Google that shifts access controls from the network perimeter to individual devices and users.

“Luminate’s Secure Access Cloud is natively constructed for today’s cloud-oriented, perimeter-less world. This technology allows enterprises to scale private, 'no DNS' access control, granting user connections only to the specific applications and resources for which they are authorized,” the company explains

“Now and in the future, we anticipate more and more corporations will operate their business on infrastructure that is...(continued)

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