What is JumpCloud?
JumpCloud is a cloud-based technology company that offers a unified platform for identity, access, and device management. Its solutions enable organizations to securely manage user identities, devices, and access to systems and applications. The platform includes features such as single sign-on, multi-factor authentication, privileged access management, and cross-platform device control, aiming to enhance security, streamline IT operations, and support compliance in distributed work environments.
How much funding has JumpCloud raised?
JumpCloud has raised a total of $387.7M across 9 funding rounds:
Series A
$3.1M
Private Equity
$3.2M
Series B
$5.9M
Private Equity
$4.3M
Series C
$20M
Series D
$50M
Series E
$75M
Series F
$225M
Series A (2014): $3.1M led by Foundry Group
Private Equity (2015): $3.2M supported by Foundry Group
Series B (2015): $5.9M, investors not publicly disclosed
Private Equity (2016): $4.3M, investors not publicly disclosed
Series C (2017): $20M with participation from Foundry Group and OpenView Venture Partners
Series D (2019): $50M led by OpenView Partners, General Atlantic, and Foundry Group
Series E (2020): $75M supported by General Atlantic and BlackRock
Series F (2021): $225M featuring Owls Rock, Whale Rock Capital Management, and Sapphire Ventures
Key Investors in JumpCloud
Owls Rock
Owls Rock is a company operating within the Flowers, Gifts & Specialty Stores industry, indicating a potentially diverse investment portfolio or a strategic interest beyond traditional tech.
Whale Rock Capital Management
Whale Rock Capital Management LLC is an investment adviser based in Boston, Massachusetts, with a focus on the technology, media, and telecom sectors since its inception in 2006.
Sapphire Ventures
Sapphire Ventures is a venture capital firm based in Palo Alto, California, specializing in investments and services for technology companies.
What's next for JumpCloud?
The substantial enterprise-level funding JumpCloud has attracted, particularly its recent strategic investment, positions it for significant scaling and market expansion. This infusion of capital is likely to fuel further development of its unified platform, enhance its go-to-market strategies, and potentially support strategic acquisitions. The company's focus on identity, access, and device management aligns with the growing demand for robust security and IT operational efficiency in modern businesses, suggesting a trajectory towards solidifying its market leadership.
See full JumpCloud company page