JumpCloud Raises $159 Million Series F at a Valuation of $2.56 Billion  

by Kay Aloha Villamor in September 14th, 2021

JumpCloud, a Louisville, Colorado-based open directory platform for secure, frictionless access from any device to any resource, anywhere, raised $159 million in a Series F round led by Sapphire Ventures. This investment follows the company’s January 2021 $100M series E, more than tripling the company’s valuation to $2.56B.

Owl Rock, Whale Rock Capital, Sands Capital, and Endeavor Catalyst and existing investors General Atlantic, funds and accounts managed by BlackRock, H.I.G. Growth Partners also participated in the financing.

Company: JumpCloud, Inc.

Raised: $159.0M

Round: Series F

Funding Month: September 2021

Lead Investors: Sapphire Ventures

Additional Investors: Owl Rock, Whale Rock Capital, Sands Capital, Endeavor Catalyst, General Atlantic, funds and accounts managed by BlackRock, H.I.G. Growth Partners

Company Website: http://jumpcloud.com/

Software Category: 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 gives IT, security operations, and DevOps a single, cloud-based solution to control and manage employee identities, their devices, and apply Zero Trust principles. JumpCloud has a global user base of more than 100,000 organizations, with nearly 5,000 customers including Cars.com, GoFundMe, Grab, ClassPass, Uplight, Beyond Finance, and Foursquare. JumpCloud® has raised over $350M and is backed by world-class investors including Sapphire Ventures, General Atlantic, and Whale Rock, among others.

Source: https://www.globenewswire.com/news-release/2021/09/13/2295719/0/en/JumpCloud-Announces-159-Million-Series-F-at-a-Valuation-of-2-56-Billion.html


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