Banking & Finance  January 12, 2021

JumpCloud adds CRO, $25M to previous funding round

LOUISVILLE — JumpCloud Inc., a directory-as-a-service technology platform, recently hired a new chief revenue officer and announced that the firm’s Series E fundraising round was oversubscribed, raising the round total from $75 million to $100 million. 

Kevin Biggs, who has held sales and leadership positions with web-security firm Blue Coat Systems LLC and IBM Corp. (NYSE: IBM), is JumpCloud’s new chief revenue officer, according to a company news release.

“2020 lock-downs forced organizations to modernize legacy domain-based approaches to IT infrastructure. That has driven demand for JumpCloud’s directory platform, which makes it easier…

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