JumpCloud, a Directory-as-a-Service with Apple MDM cross-platform capabilities — has announced that funds managed by BlackRock led its US$75 million Series E funding, with participation from existing investor General Atlantic.
JumpCloud has now raised over $165 million, and is strongly positioned for rapid growth as it serves accelerating demand for a modern, cloud based directory and Zero Trust access model, according to Rajat Bhargava, CEO and co-founder, JumpCloud. He adds the funding will be used to expand product development, marketing and sales globally; JumpCloud plans to hire an additional 500 people over the next several years.
JumpCloud is now used by more than 100,000 organizations spanning over 100 countries, with more than 3,000 paying customers including Cars.com, GoFundMe, ClassPass, Nimbus Therapeutics, Grab, Pulselive, SlimPay, Foursquare, Beyond Finance, and Funding Societies. The JumpCloud platform enables IT to make work happen, providing a modern, easier and lower-cost cloud solution that allows customers to self-deploy, without necessitating a full-scale internal or external technical team.
