JumpCloud raises $159M to accelerate expansion of its cloud directory platform

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JumpCloud announced a $159M series F round led by Sapphire Ventures with additional participation from Owl Rock, Whale Rock Capital, Sands Capital, and Endeavor Catalyst. Existing investors General Atlantic, funds and accounts managed by BlackRock, and H.I.G. Growth Partners participated in the financing, as well. This investment follows the company’s January 2021 $100M series E, more than tripling the company’s valuation to $2.56B. JumpCloud’s accelerated growth comes as organizations look for a better way to … More

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