JupiterOne 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.
Cyber security asset management is a fast-growing segment of the global security and compliance market, estimated to reach $8.5 billion in spending by 2024.
JupiterOne serves a critical need by reducing cost and complexity and providing in-depth visibility for cloud posture management, risk analysis and compliance reporting, vulnerability management, threat hunting, and incident response. Current customers include leading cloud-native organizations such as Reddit, Databricks, HashiCorp, Addepar, Auth0 and OhMD.
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