JumpCloud closes $100 million round as remote work drives cloud directory service demand
JumpCloud, a cloud-native directory service for enterprises, has closed its BlackRock-led series E round of funding at $100 million, following an initial $75 million tranche announced in November.
Founded out of Colorado in 2012, JumpCloud offers a cloud directory platform at the cross-section between a company’s various endpoints (e.g. laptops and mobile devices), user identities, and access, serving as a single conduit that lets a company connect its workers with all the IT resources needed to do their jobs.