Lucideus


Lucideus is an international enterprise cybersecurity company. The name Lucideus is derived from Lucifer and Deus, as they are in the business of hacking for good.

History

In 2012, Saket Modi, along with co-founders Vidit Baxi and Rahul Tyagi, started Lucideus as a cybersecurity training venture.
In 2013, Lucideus launched its enterprise cyber-security services. The company's clients range across BFSI, manufacturing, consumer goods, consumer internet and other areas.
In 2017, Lucideus launched a cyber risk quantification tool called SAFE, which helps businesses and governments measure and reduce their cyber risks in real time.. The product earned two awards for the company.
The SAFE platform has been integrated with various technology vendors, including Symantec, McAfee, Tanium, and IBM to provide real-time cyber risk assessment.

Work for the Indian Government

In 2016, Lucideus was responsible for the security assessment of the Bharat Interface for Money application, an Aadhaar-based mobile payment platform built by National Payments Corporation of India. for which the company won an accolade at the national entrepreneurship awards organised by the Ministry of Skill Development and Entrepreneurship.

Partnership

Lucideus has signed R&D agreements and conducts research on cyber security at Technion University and MIT. It has also worked with the University of Delhi on a year-long postgraduate diploma course in cyber security.
In 2019, Lucideus signed a pact with Bombay Stock Exchange to provide a cybersecurity operations centre.

Fund raising

In 2017, Lucideus raised an undisclosed amount of funding from angel investors, including Amit Ranjan, Anurag Goel, Rajan Anandan, and others.
In November 2018, Lucideus announced its Series A Funding of $5 million, led by John Chambers.
In December 2019, Lucideus raised $7M in a fresh round of funding led by MS&AD ventures, the venture capital division of MS&AD Insurance Group Holdings.