JupiterOne, a Morrisville, NC-based provider of a cyber asset attack surface management (CAASM) platform, raised $70m in Series C funding.
The round, which brought total funding raised to date to more than $119m and valued the company at over USD1 billion was led by Tribe Capital with participation from Intel Capital, Alpha Square Group, Sapphire, Bain Capital Ventures, Cisco Investments, and Splunk Ventures. As part of this funding round, Sri Pangulur, Partner at Tribe Capital will join the JupiterOne Board of Directors and Sunil Kurkure, Managing Director at Intel Capital, will join as a Board Observer.
The company intends use the funds to increase go-to-market capability, increase engineering investments, as well as product development to address market demands across attack surface, which includes vulnerability management, unified assets inventory, security posture automation, and vulnerability management.
JupiterOne, headed by Erkang Zhang, is a cloud-native platform for cyber asset attack surface management. This platform provides visibility and security across the entire cyber asset universe. Using graphs and relationships, the solution provides a contextual knowledge base for an organization’s cyber asset operations and enables teams to discover, monitor, understand, and act on changes in their digital environments.
The platform incorporates continuous cyber asset information for security operations and engineering as well as configuration management and compliance use cases.