JumpCloud Finds $50M Funding
Boulder-based JumpCloud, which develops a cloud-based service for managing enterprise user identity and directories, has raised $50M in a funding round, the company said on Thursday. The funding was led by General Atlantic, and also included prior investors Foundry Group and OpenView Partners. According to JumpCloud, it will use the funding to hire over 200 people over the next two years, in engineering, sales, and marketing. JumpCloud is led by co-founder and CEO Rajat Bhargava.
posted on Friday, May 24, 2019
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