What is Jamcracker?
Jamcracker is a seasoned player in the cloud services management and cloud governance solutions market, boasting over a decade of experience. The company's proprietary platform is designed to power cloud service provisioning, governance, management, and operations for a diverse clientele, including enterprise and government organizations, telecom service providers, managed service providers, and various channel partners. Jamcracker's solutions enable organizations to effectively manage, deliver, and govern their public, private, and hybrid multi-cloud environments, while also facilitating the brokering of third-party ISV cloud services. By unifying and optimizing cloud service delivery, Jamcracker significantly reduces the complexity and cost associated with multi-cloud management, while automating critical functions like cloud governance, cost management, policy controls, and operations management.
How much funding has Jamcracker raised?
Jamcracker has raised a total of $214.4M across 7 funding rounds:
Other Financing Round
$42M
Unspecified
$100M
Unspecified
$2M
Other Financing Round
$28.4M
Debt
$12M
Private Equity
$30M
Debt
$32K
Other Financing Round (2000): $42M with participation from Western Technology Investment, Actua Corporation, Silicon Valley Bank, Nautic Partners, First Analysis, and GATX Ventures
Unspecified (2000): $100M, investors not publicly disclosed
Unspecified (2001): $2M supported by TELUS Ventures
Other Financing Round (2002): $28.4M featuring Internet Capital Group, Fleet Ventures Resources, Quantum Industrial Partners, and SFM Domestic Investments
Debt (2007): $12M backed by Western Technology Investment and Silicon Valley Bank
Private Equity (2007): $30M with participation from Kohlberg Kravis Roberts and Co., Actua Corporation, and First Analysis Venture Capital
Debt (2021): $32K led by PPP
Key Investors in Jamcracker
Western Technology Investment
Western Technology Investment (WTI) specializes in providing venture debt to assist startups in financing their growth while minimizing shareholder dilution. Since its inception in 1980, WTI has supported over 1,400 companies across various innovation sectors, demonstrating a long history of capital provision through diverse economic cycles. WTI adopts a flexible and founder-friendly approach to lending, empowering partners to make timely decisions that cater to the unique needs of their portfolio companies. The firm offers scalable credit facilities suitable for businesses from their seed stage to public listing.
Actua Corporation
Founded in 1996, Actua is a cloud company focused on transforming vertical and highly specialized market that offer multi-vertical cloud company for marketing different companies, Actua is located in Pennsylvania.
Silicon Valley Bank
SVB Financial Group offers commercial and private banking, asset management, private wealth management, brokerage & investment services, funds management, and business valuation services. The company was founded in 1983 and is headquartered in Santa Clara, California.
What's next for Jamcracker?
The recent influx of substantial expansion capital positions Jamcracker for accelerated growth and market penetration. This strategic financing is expected to fuel further development of its cloud services management and governance platform, enhance its go-to-market strategies, and potentially expand its operational footprint. Given the enterprise-level nature of its total funding, Jamcracker appears to be in a scaling phase, focusing on solidifying its market leadership and delivering advanced solutions to a growing base of enterprise and service provider clients. The company's continued focus on reducing cloud complexity and cost for its customers will likely remain a core tenet of its future strategy.
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