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JumpCloud Raises $ 225 Million For F Series Funding Round • The Register


JumpCloud, a cloud directory service provider, sucked $ 66 million from investors, including developer Jira Atlassian.

The US-based software company sees itself as an alternative to Microsoft’s Active Directory, giving administrators a single pane from which to manage identities and resources on various environments including Mac and Linux devices as well as Windows kits.

The company originally announced a $ 159 million investment in the F Series in September, and today received $ 66 million, which, in addition to previous rounds, brings the total funding to over $ 400 million, valuing JumpCloud at $ 2.625 billion.

In addition to Atlassian Ventures, the CrowdStrike Falcon Fund also loosened the purse strings and invested in JumpCloud today as part of the financial boost. It doesn’t look like investors will be entirely passive. Rajat Bhargava, CEO of JumpCloud, said:

“With this new investment, we can do deep integration work with Atlassian and CrowdStrike to make JumpCloud’s open cloud directory the obvious choice for all of our customers.”

George Kurtz, CEO and founder of security technology firm CrowdStrike, testified before the Special Senate Committee on Intelligence in February [PDF] exposing legacy authentication and identity models in an increasingly “Bring your own device” and work anywhere world.

Other investors include NTT DOCOMO Ventures, a tentacle of telecommunications giant NTT.

JumpCloud, along with other cloud-based identity providers, have benefited from the move to remote working, making legacy on-premises infrastructure like Active Directory less than ideal. The desire to integrate other devices, such as Macs, into formerly Windows-only domains has also proven useful for third-party identity platforms.

That said, JumpCloud isn’t the only game in town. The likes of Okta also come to mind when thinking of Identity-as-a-Service. And Microsoft itself has long pushed users to the cloud through services like Azure Active Directory. ®


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