# Milind Borkar

> Milind Borkar is the founder and CEO of Illuma, a Plano, Texas company that uses passive voice biometrics and synthetic-voice detection to authenticate callers and stop phone-channel fraud at credit unions and community banks. He holds a PhD in electrical and computer engineering from Georgia Tech, is named on 21 patents, and spent a decade at Texas Instruments launching more than 50 products before founding Illuma in 2016.

- **Role:** Founder & CEO at Illuma
- **Organizations:** Illuma (Illuma Labs), Texas Instruments (former), Intel (former, intern)
- **Education:** B.S. Electrical Engineering, Georgia Institute of Technology, M.S. Electrical and Computer Engineering, Georgia Institute of Technology, Ph.D. Electrical and Computer Engineering, Georgia Institute of Technology
- **Known for:** Founder and CEO of Illuma, a leading voice authentication and fraud prevention CUSO, Inventor on 21 patents, Author of 14 technical publications

## Career timeline

- **2002** — Completed B.S. in Electrical Engineering at Georgia Tech
- **2008** — Earned Ph.D. in Electrical and Computer Engineering from Georgia Tech
- **2008-2016** — Held R&D, marketing, and business development roles at Texas Instruments; launched 50+ products
- **2016** — Founded Illuma Labs in Plano, Texas
- **2024** — Named to Dallas Innovates 'AI 75' list in the AI Maverick category
- **2024-09** — Closed $9M Series A led by LiveOak Ventures
- **2025** — Named finalist in Credit Union Times Luminaries Awards

## Achievements

- Founder and CEO of Illuma, a leading voice authentication and fraud prevention CUSO
- Inventor on 21 patents
- Author of 14 technical publications
- Launched 50+ hi-tech products during his career at Texas Instruments
- Named to Dallas Innovates 'AI 75' (AI Maverick category, 2024)
- Two-time Finovate Best of Show winner
- Raised $9M Series A led by LiveOak Ventures (2024)
- Finalist, 2025 Credit Union Times Luminaries Awards

## Latest updates

- **2024-05** — Recognized on Dallas Innovates AI 75 list in the AI Maverick category.
- **2024-09** — Illuma closed a $9M Series A led by LiveOak Ventures.
- **2025-05** — Presented at FinovateSpring 2025.

## Links

- Website: https://illuma.cx
- LinkedIn: https://www.linkedin.com/in/milind-borkar-4197a917/
- Twitter/X: https://twitter.com/illumalabs
- YouTube: https://www.youtube.com/watch?v=gzpx3kVdPis
- Facebook: https://facebook.com/illumalabs/

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Profile page: https://yespress.io/milind-borkar
Published by YesPress — https://yespress.io
Last updated: 2026-07-09