JumpCloud ups Series B offering amount to $10M

BOULDER — JumpCloud Inc., a Boulder-based software company, has increased the offering amount of its Series B funding round to $10 million, according to a document filed Oct. 12 with the U.S. Securities and Exchange Commission.

In August, JumpCloud filed a similar document that capped the offering amount at $6 million. At that time, JumpCloud had raised $4.25 million.

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The new filing reveals that the company has almost hit the $6 threshold, raising $5.95 million, with $4 million remaining to be sold.

JumpCloud’s Directory-as-a-Service product helps companies authorize and manage the identities of their employees and the information-technology resources they need to access.

JumpCloud CEO Rajat Bhargava could not be reached for comment.