October 14, 2016

JumpCloud ups Series B offering amount to $10M    

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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.

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…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: Boulder Finance Software Today's News JumpCloud Inc.
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