Cisco Investments backs RTP cyber security firm JupiterOne

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Cyber asset management company JupiterOne closed two strategic partnership deals, months after closing a $30 million Series B round following raising a $19 million Series A in September 2020.

The deals are with Cisco Investments and Splunk Ventures, the company announced today in a statement.

It’s the second Triangle deal for Cisco Investments in recent weeks.

The venture group recently invested $5 million into Apex-startup TriggerMesh. Cisco operates one of its largest corporate campuses in RTP and employs several thosuand people there.

The new strategic investments from these firms allow the company to become more expansive and to construct a more connected cyber security platform, JupiterOne noted in a statement. Terms of the deals were not disclosed.

“As the way we work has become hybrid and possible security vulnerabilities continue to evolve, security is more complex than ever,” said Janey Hoe, vice president, corporate development, Cisco Investments, in a statement. “JupiterOne is tackling customers’ complexity problem head-on, by modernizing and improving visibility across all cyber assets in an integrated platform solution.”

According to the company, its platform integrates continuous cyber asset data for a variety of use cases, and provides contextual analysis of cyber assets.

JupiterOne was founded as a subsidiary of LifeOmic, a cloud-native healthcare software company with headquarters in Indianapolis and an office in RTP.  After the $30 million Series B, the company said its headquarters would be at the Morrisville office, with plans to triple revenue and double its employee base in 2021.

Original Article Source: WRAL TechWire