JumpCloud, a Louisville, Colorado-based open directory platform for secure, frictionless access from any device to any resource, anywhere, raised a total of $225 million for its Series F round to accelerate small and midsize enterprise adoption of its modern directory platform.
The Series F round led by Sapphire Ventures includes an additional strategic investment from Atlassian Ventures, CrowdStrike Falcon Fund, NTT Docomo Ventures, Inc., STEADFAST Capital Ventures, Waterman Ventures, and OurCrowd. Series F included participation from Owl Rock, Whale Rock Capital, Sands Capital, and Endeavor Catalyst. Existing investors General Atlantic, funds and accounts managed by BlackRock, and H.I.G. Growth Partners participated in the financing as well.
The additional $66 million funding closes the company’s Series F at $225 million and brings the total capital raised by JumpCloud to over $400 million and the company’s valuation to $2.625 billion.
Company: JumpCloud, Inc.
Round: Series F
Lead Investors: Sapphire Ventures
Additional Investors: Atlassian Ventures, CrowdStrike Falcon Fund, NTT Docomo Ventures, Inc., STEADFAST Capital Ventures, Waterman Ventures, OurCrowd, Owl Rock, Whale Rock Capital, Sands Capital, and Endeavor Catalyst, General Atlantic by BlackRock, and H.I.G. Growth Partners
Company Website: http://jumpcloud.com/
Software Category: Open directory platform
About the Company: JumpCloud is an open directory platform for secure, frictionless access from any device to any resource, anywhere. JumpCloud’s mission is to Make Work Happen, providing simple, secure access to corporate technology resources from any device, or any location. The JumpCloud Directory Platform helps IT teams Make Work Happen® by centralizing management of user identities and devices, enabling small and medium-sized enterprises to adopt Zero Trust, security models. JumpCloud® has a global user base of more than 120,000 organizations, with more than 5,000 paying customers including Cars.com, GoFundMe, Grab, ClassPass, Uplight, Beyond Finance, and Foursquare.