Technology  November 12, 2020

JumpCloud raises $75M, plans to hire 500

LOUISVILLE — JumpCloud Inc., a directory-as-a-service technology platform, recently raised a $75-million Series E funding round led by BlackRock Inc. (NYSE: BLK) and plans to add 500 workers over the next few years.

In addition to the new hires, the Series E “funding will be used to expand product development, marketing and sales globally,” the release said 

To accommodate recent and future growth, JumpCloud moved last year from its temporary offices in Boulder to a new headquarters in Louisville. 

 “As an early investor, we saw that JumpCloud had a solution that stood alone in…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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