MORRISVILLE – JupiterOne, a security product that helps companies manage their cyber assets, has closed on $30 million in new funding and is planning to move soon into a new headquarters in Morrisville.
JupiterOne was founded as a subsidiary of LifeOmic, a cloud-native healthcare software company with headquarters in Indianapolis and an office in RTP.
Sapphire Ventures led the new round. Bain Capital Ventures, a previous backer, also participated in the new funding, which was announced Tuesday.
JupiterOne raised $19 million last September.
“At JupiterOne, we believe that security is a basic right. With this funding round, we will focus on the growth of our core position – cyber asset visibility management and governance – and growing our user base and free community. Our goal is to help our customers know more and fear less,” said Erkang Zheng, JupiterOne’s CEO and founder.
The company says it tripled revenue in 2020 and doubled worker headcount over the last six months. It plans to triple revenue and double its staff this year.
“JupiterOne will use the fresh funding to grow its engineering, product development, and go-to-market capabilities, including building out its remote workforce,” the company said. “The funding also will be used to extend the reach of the company’s extensive partnership and integration teams.”
