Banking & Finance  May 24, 2019

JumpCloud raises $50M, plans Denver office

BOULDER — JumpCloud Inc., a directory-as-a-service platform, has raised $50 million and plans to open a new office in Denver.

General Atlantic, a Greenwich, Conn., growth equity firm, led the most-recent round. Existing investors Foundry Group of Boulder and OpenView Venture Partners of Boston also participated.

JumpCloud said in a press release that it will leverage the capital infusion to expand engineering, sales and marketing.

“As JumpCloud’s business continues to expand globally, the company also plans on investing in establishing a physical presence in strategic areas around the globe in order to provide a deeper…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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