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JupiterOne Lands $19 Million Funding Round to Fuel Data-Driven Approach to Cyber Asset Management

JupiterOne Lands $19 Million Funding Round to Fuel Data-Driven Approach to Cyber Asset Management

09/17/20, 11:42 AM
Money raised
$19 million
JupiterOne, Inc. today announced $19 million in venture funding to help companies automate asset discovery, visibility and compliance as a critical foundation for cyber security. JupiterOne closes an important gap for CISOs, security operations, and compliance officers by providing automated, accurate and actionable visibility to their global asset inventory. The Series A funding round was led by Bain Capital Ventures, with additional investment from Rain Capital, LifeOmic, and individual investors.

Company Info

Company
Jupiter One
Additional Info
Today a company called JupiterOne that’s built a platform that aims to do just this is announcing $70 million in funding at a valuation it says is over $1 billion — a sign not just of its own success but also of the opportunity investors see for growth. Case in point: just yesterday the company announced a deep integration with Splunk to provide better data visibility for Splunk users. While the company will continue to invest in developing more tools and more integrations to built out the powerhouse of managing “assets” in the most general sense that Zheng described, that gives the startup the opportunity to take that data into new areas. Right now JupiterOne’s customers are primarily in the larger enterprise space, there is an opportunity for the company to work more closely with potentially smaller or more cutting-edge organizations that are still scaling, in some ways similar to some of its existing customers that have been with the company “almost since the beginning,” Zheng said. “Aggregating the assets and making it possible to query is difficult, but JupiterOne has solved this problem and is becoming the centerpiece of any cybersecurity program.
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