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Home > Cloud Computing > JumpCloud announced a $225M Series F round

JumpCloud announced a $225M Series F round

JumpCloud announced that the company has raised $225 million in total for the company's Series F funding round.


Erdem Yasar Erdem Yasar
October 22, 2021
1 min read
JumpCloud announced a $225M Series F round

JumpCloud announced that it has raised a total of $225 million for the Series F round. The company aims to accelerate the SMBs’ adoption of its modern directory platform. Series F round investors believe that organizations should move faster to solve growing challenges faced by IT, specifically limitations and risks caused by legacy Microsoft directories and try to solve them with multiple point solutions.

Modern directory platform

Rajat Bhargava, CEO of JumpCloud
Rajat Bhargava, CEO of JumpCloud

The round was led by Sapphire Ventures, including 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 also participated in the financing. With the additional $66 million funding, the funding round was closed at $225 million and brings the total capital raised to more than $400 million and the company’s value to $2.625 billion. Rajat Bhargava, CEO of JumpCloud said,

“Atlassian and CrowdStrike share our vision for delivering IT teams a modern directory platform that simplifies how they secure their organizations and Make Work Happen. Across each of our customer bases, IT teams are looking for an alternative to Microsoft for managing and securing infrastructure. With this new investment, we can do deep integration work with both Atlassian and CrowdStrike to make JumpCloud’s open, cloud directory the obvious choice for all our customers.”

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Tags: JumpCloud
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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