Atlanta-based software company Ionic Security Inc. has raised $40 million in Series E funding.
JPMorgan Chase & Co. led the round, followed by investors Google LLC (a subsidiary of Alphabet Inc.), Klenier Perkins, GV, Icon Ventures, Meritech Capital and Atlanta-based TechOperators and Ten Eleven Ventures.
According to the Atlanta Business Chronicle, Rohan Amin, CIO of consumer and community Banking at JPMorgan Chase, will join Ionic's board of directors.
The new funding will be used to "accelerate the openness, accessibility and pervasiveness" of the company's platform.
"We are humbled to expand our relationship with market leaders such as JPMorgan Chase, Google, and our existing investors to bring Ionic solutions to a broader audience with greater ease," Adam Ghetti, founder and CTO of Ionic Security, said in a news release. "From our earliest days we have focused on building deep, trusted, and expansive relationships for the benefit of the overall security ecosystem."
Ionic Security helps Fortune 100 businesses in the private and public sectors protect financial and other sensitive information on devices and data centers. In addition to the funding announcement, the company said that it would be switching up its executive suite. Darrell Swope was named vice president of engineering, Joseph Ward was hired as the new vice president of product management and Sean Allen will serve as vice president of marketing.
Swope and Ward were internal hires, according to their LinkedIn pages, while Allen came from Reveille Software earlier this month where he served as the vice president of marketing. Robert Ball, chief revenue officer and general counsel, will expand his current role at Ionic to include leading the unified go-to-market strategy and overseeing sales, marketing and business development. Bill LeBlanc will also take over additional responsibilities in sales and customer success.
