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{{Short description|American enterprise software company}}
{{AFC submission|d|v|u=Barouy13|ns=118|decliner=Loksmythe|declinets=20201021234059|reason2=corp|ts=20201021195326}} <!-- Do not remove this line! -->
{{Infobox company
⚫
| name = JumpCloud
| logo = JumpCloud_Logo.svg
| type = [[Privately held company|Private]]
| location_city = [[Louisville, Colorado]]<ref name=":0" />
| location_country =
| foundation = 2013
| founder = {{plainlist|
* Rajat Bhargava (CEO)
* Larry Middle (CFO)
}}
| key_people = Rajat Bhargava<ref>{{cite web |last1=Davidson |first1=Michael |title=JumpCloud Names Colorado Startup Veteran Rajat Bhargava Its New CEO |url=https://xconomy.com/boulder-denver/2013/12/17/jumpcloud-names-colorado-startup-veteran-rajat-bhargava-new-ceo/ |website=Xconomy |date=17 December 2013 |publisher=Xconomy |access-date=18 January 2021}}</ref> (CEO)<br />Mackey Craven (Board Member/Investor)<br />[[Gary M. Reiner]] (Board Member/Investor)<br />Casber Wang (Board Observer/Investor)
| homepage = [https://jumpcloud.com/ jumpcloud.com]
}}


JumpCloud is a U.S.-based enterprise software company. <ref>{{cite web |last1=Gillin |first1=Paul |title=JumpCloud extends cloud directory service with detailed user activity monitoring |url=https://siliconangle.com/2020/06/11/jumpcloud-extends-cloud-directory-service-detailed-user-activity-monitoring/ |website=siliconANGLE |publisher=SiliconANGLE Media Inc. |accessdate=22 October 2020}}</ref> The company headquarters are in Denver. <ref>{{cite web |last1=Werley |first1=Jensen |title=These 3 tech companies see opportunities in Denver despite Covid-19 |url=https://www.bizjournals.com/denver/news/2020/05/07/denver-tech-companies-opportunities-coronavirus.html |website=Denver Business Journal |publisher=American City Business Journals |accessdate=22 October 2020}}</ref> The company was formally launched in 2013. <ref>{{cite web |last1=Wallace |first1=Alicia |title=JumpCloud rides cloud and ‘DevOps’ waves, expands headquarters |url=https://www.dailycamera.com/2013/12/17/jumpcloud-rides-cloud-and-devops-waves-expands-headquarters/ |website=Daily Camera |publisher=Prairie Mountain Publishing |accessdate=22 October 2020}}</ref> Since its founding in 2013, JumpCloud had raised more than $90 million in funding <ref>{{cite web |title=JumpCloud |url=https://www.crunchbase.com/organization/jumpcloud |website=Crunchbase |publisher=Crunchbase Inc. |accessdate=22 October 2020}}</ref> from venture capital firms including OpenView, General Atlantic, and Foundry Group. In May, 2019, JumpCloud announced that it closed a $50 million financing round led by former [[General Electric]] Chief Information Officer [[Gary M. Reiner]]. <ref>{{cite web |last1=Bhargava |first1=Rajat |title=Gary Reiner to Join JumpCloud Board |url=https://securityboulevard.com/2019/05/gary-reiner-to-join-jumpcloud-board/ |website=Security Boulevard |publisher=MediaOps, Inc. |accessdate=22 October 2020}}</ref>
'''JumpCloud''' is an American enterprise software company<ref>{{cite web |last1=Gillin |first1=Paul |title=JumpCloud extends cloud directory service with detailed user activity monitoring |url=https://siliconangle.com/2020/06/11/jumpcloud-extends-cloud-directory-service-detailed-user-activity-monitoring/ |website=siliconANGLE |date=11 June 2020 |publisher=SiliconANGLE Media Inc. |access-date=18 January 2021}}</ref> headquartered in [[Louisville, Colorado]].<ref name=":0" /> The company was formally launched in 2013 at [[TechCrunch]] Disrupt Battlefield with its announcement of an automated server management tool.<ref>{{cite web |title=JumpCloud Unveils Service To Make AWS Cloud Servers Less Vulnerable To Attack |url=https://techcrunch.com/2013/09/09/jumpcloud-unveils-service-to-make-aws-cloud-servers-less-vulnerable-to-attack/ |website=TechCrunch |publisher=Verizon Media |access-date=18 January 2021}}</ref> JumpCloud's offers a [[cloud-based]] directory platform for [[identity management]].<ref>{{cite web |last1=Johnson |first1=Derek B. |title=JumpCloud land $100 million in funding, as secure remote access market continues surge |url=https://www.scmagazine.com/news/jumpcloud-land-100-million-in-funding-as-secure-remote-access-market-continues-surge |website=SC Media |date=13 January 2021 |publisher=CyberRisk Alliance, LLC |access-date=18 January 2021}}</ref>


== References ==
==History==
JumpCloud received a seed round of funding of $1.2 million in December 2012, and a $3 million Series A round in January 2014.<ref>{{cite web |last1=Avery |first1=Greg |title=JumpCloud raises $3 million from Foundry Group, TechStars founder |url=https://www.bizjournals.com/denver/blog/boosters_bits/2014/01/jumpcloud-raises-3-million-from.html |website=Denver Business Journal |publisher=American City Business Journals |access-date=18 January 2021}}</ref> The company completed Series B funding in August 2015 with a $4.3 million investment.
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⚫
{{reflist}}


In November 2017, JumpCloud raised an additional $20 million series C round.<ref>{{cite news |title=JumpCloud Raises $20 Million Series C to Automate Server Management |url=https://www.wsj.com/articles/jumpcloud-raises-20-million-series-c-to-automate-server-management-1511214983 |newspaper=Wall Street Journal |date=20 November 2017 |publisher=Dow Jones & Company, Inc. |access-date=18 January 2021}}</ref> In May 2019, JumpCloud raised a series D round of financing of $50 million.<ref>{{cite web |last1=Greenhalgh |first1=Nick |title=Boulder's JumpCloud Raises $50M, to Hire 200 and Open Denver Office |url=https://www.bizjournals.com/denver/inno/stories/fundings/2019/05/24/boulders-jumpcloud-raises-50m-to-hire-200-and-open.html |website=COLORADOINNO |publisher=American City Business Journals |access-date=25 January 2021}}</ref>
⚫
== JumpCloud ==


In November 2020 it closed a $75 million Series E funding.<ref>{{cite web |last1=Miller |first1=Ron |title=JumpCloud raises $75M Series E as cloud directory service thrives during pandemic |url=https://techcrunch.com/2020/11/10/jumpcloud-raises-75m-series-e-as-cloud-directory-service-thrives-during-pandemic/ |website=TechCrunch |publisher=Verizon Media |access-date=18 January 2021}}</ref> In January 2021, the company added $25 million to its Series E financing, closing the round at $100 million.<ref>{{cite web |last1=Sawers |first1=Paul |title=JumpCloud closes $100 million round as remote work drives cloud directory service demand |url=https://venturebeat.com/2021/01/12/jumpcloud-closes-100-million-round-as-remote-work-drives-cloud-directory-service-demand/ |website=VentureBeat |date=12 January 2021 |publisher=VentureBeat |access-date=18 January 2021}}</ref>
{{AFC submission|||ts=20201022192849|u=Barouy13|ns=118}}

In September 2021, JumpCloud announced a $159 million Series F investment, at a valuation of $2.56 billion.<ref>{{cite web |last1=Miller |first1=Ron |title=JumpCloud raises $159M on $2.56B valuation for cloud directory tool |url=https://techcrunch.com/2021/09/13/jumpcloud-raises-159m-on-2-56b-valuation-for-cloud-directory-tool/ |website=TechCrunch |publisher=Verizon Media |access-date=29 September 2021}}</ref>

In early 2020, the company moved to a new office in [[Louisville, Colorado]].<ref name=":0" /> During the [[COVID-19 pandemic]], the company became fully remote, with staff in multiple states.<ref name=":0">{{cite web |last1=Greenhalgh |first1=Nick |title=What 2020 taught Colorado startup innovators as they enter 2021 |url=https://www.bizjournals.com/denver/news/2021/01/15/what-2020-taught-colorado-startup-innovators-as-th.html |website=Denver Business Journal |publisher=American City Business Journals |access-date=25 January 2021}}</ref>

On February 24, 2022, JumpCloud acquired competitor Myki,<ref>{{Cite web |title=JumpCloud Acquires Myki |url=https://www.globenewswire.com/en/news-release/2022/02/24/2391383/0/en/JumpCloud-Acquires-MYKI.html |website=Global News Wire |date=24 February 2022 |access-date=11 April 2022}}</ref> and by April 10, 2022, all Myki services were shut down.<ref>{{Cite web |author=Myki |date=1 March 2022 |title=We Got Acquired! What You Need to Know |url=https://myki.com/blog/important-announcement-we-got-acquired/ |website=The Myki Blog |access-date=3 March 2022 |archive-date=22 May 2022 |archive-url=https://web.archive.org/web/20220522114501/https://myki.com/blog/important-announcement-we-got-acquired/ |url-status=dead }}</ref>

In July 2023, JumpCloud experienced a network intrusion, allowing hackers to conduct downstream attacks to other organizations. Cybersecurity firm SentinelOne first attributed the attack to North Korean state-sponsored hackers,<ref>{{Cite web |last=Arghire |first=Ionut |date=2023-07-20 |title=JumpCloud Cyberattack Linked to North Korean Hackers |url=https://www.securityweek.com/jumpcloud-cyberattack-linked-to-north-korean-hackers/ |access-date=2023-07-24 |website=SecurityWeek |language=en-US}}</ref><ref>{{Cite web |title=North Korea Leverages SaaS Provider in a Targeted Supply Chain Attack |url=https://www.mandiant.com/resources/blog/north-korea-supply-chain |access-date=2023-07-24 |website=Mandiant |language=en}}</ref> which JumpCloud CISO Bob Phan later confirmed.<ref>{{Cite web |last=Phan |first=Bob |date=2023-07-12 |title=[Security Update] Incident Details |url=https://jumpcloud.com/blog/security-update-incident-details |access-date=2023-07-24 |website=JumpCloud |language=en-US}}</ref>

==Product history==
In July 2015, JumpCloud added support for [[Google Workspace|Google Apps]] to its cloud-based directory service.<ref>{{cite web |title=JumpCloud Connects Into Google Apps |url=http://www.techrockies.com/jumpcloud-connects-into-google-apps/s-0061191.html?__cf_chl_jschl_tk__=a3f70e729da349f83a01bb9c19dce224b1940811-1610994056-0-AeP0843ZfugEYdKwQ-iPTcIjlRSBu9-ncfg2nxp0oPFz1FCdKfhIWJW81WWuK9c2L7nRqCR3jt0ztZVXh1RkJ96n2PFW5WdYgOgQGcbT1w8jCTlQBW8Wjyp_yzGhgzjA3C31SAYsC5HTKbXoGOBc-mv3NfW7ljbY_JshmP1xGUMo2EUJ8s4GG_4fBakoLu1lL2PQv_cLo7_sV7DCmkquoA0e0Lsufp5G00zoxwOFOt2oszzKFukltug8ENpUvpX4sgmITkpqlTvTU-FG2zD0N26Vr-FvQ3JgNTWASjXYoPl10TT3yLeqrgSBepKxX6oMBIei8WxFkMi_1gr3dO2ZB8gAI59UiwNsex5bWwoZZANUtdGD5UYy3x9VIho8hmUzVw |website=techrockies |publisher=SOCALTECH LLC |access-date=18 January 2021}}</ref>

In May 2020, JumpCloud added availability of its use through [[Apple Inc.|Apple]]’s [[Mobile Device Management]] (MDM), enabling managing of Apple [[macOS]] devices via the MDM protocol and support for deployment through Apple’s Device Enrollment Plan (DEP).<ref>{{cite web |last1=Chambers |first1=Bradley |title=JumpCloud expands Apple enterprise offering by adding MDM solution |url=https://9to5mac.com/2020/05/21/jumpcloud-mdm/ |website=9to5Mac |date=21 May 2020 |publisher=9to5 |access-date=25 January 2021}}</ref><ref>{{cite web |last1=Chambers |first1=Bradley |title=JumpCloud, the popular directory-as-a-service and Apple MDM vendor, announces macOS Big Sur compatibility |url=https://9to5mac.com/2020/11/11/jumpcloud-macos-big-sur/ |website=9to5Mac |date=11 November 2020 |publisher=9to5 |access-date=25 January 2021}}</ref>

JumpCloud introduced [[conditional access]] policies to its directory platform in December 2020, enabling IT admins to adopt [[Zero trust security model|Zero Trust security]].<ref>{{cite web |last1=Sellers |first1=Dennis |title=JUMPCLOUD INTRODUCES CONDITIONAL ACCESS POLICIES TO ITS DIRECTORY PLATFORM |url=https://appleworld.today/2020/12/16/jumpcloud-introduces-conditional-access-policies-to-its-directory-platform/ |website=AppleWorld.Today |date=16 December 2020 |publisher=Raven Solutions, LLC |access-date=25 January 2021}}</ref>

In August 2021, JumpCloud introduced a new iOS and Android application to help enterprise IT departments with [[multi-factor authentication]].<ref>{{cite web |last1=Chambers |first1=Bradley |title=JumpCloud Protect iOS app is now available for free enterprise multi-factor authentication |url=https://9to5mac.com/2021/08/25/jumpcloud-announces-jumpcloud-protect-app-for-free-multi-factor-authentication-in-the-enterprise/ |website=9to5Mac |date=25 August 2021 |publisher=9to5 |access-date=30 November 2021}}</ref>

== References ==

⚫
{{reflist}}


[[Category:Information technology companies of the United States]]
[[Category:Companies based in Boulder County, Colorado]]

Latest revision as of 09:01, 16 December 2024

JumpCloud
Company typePrivate
Founded2013
Founder
  • Rajat Bhargava (CEO)
  • Larry Middle (CFO)
Headquarters
Louisville, Colorado[1]
Key people
Rajat Bhargava[2] (CEO)
Mackey Craven (Board Member/Investor)
Gary M. Reiner (Board Member/Investor)
Casber Wang (Board Observer/Investor)
Websitejumpcloud.com

JumpCloud is an American enterprise software company[3] headquartered in Louisville, Colorado.[1] The company was formally launched in 2013 at TechCrunch Disrupt Battlefield with its announcement of an automated server management tool.[4] JumpCloud's offers a cloud-based directory platform for identity management.[5]

History

[edit]

JumpCloud received a seed round of funding of $1.2 million in December 2012, and a $3 million Series A round in January 2014.[6] The company completed Series B funding in August 2015 with a $4.3 million investment.

In November 2017, JumpCloud raised an additional $20 million series C round.[7] In May 2019, JumpCloud raised a series D round of financing of $50 million.[8]

In November 2020 it closed a $75 million Series E funding.[9] In January 2021, the company added $25 million to its Series E financing, closing the round at $100 million.[10]

In September 2021, JumpCloud announced a $159 million Series F investment, at a valuation of $2.56 billion.[11]

In early 2020, the company moved to a new office in Louisville, Colorado.[1] During the COVID-19 pandemic, the company became fully remote, with staff in multiple states.[1]

On February 24, 2022, JumpCloud acquired competitor Myki,[12] and by April 10, 2022, all Myki services were shut down.[13]

In July 2023, JumpCloud experienced a network intrusion, allowing hackers to conduct downstream attacks to other organizations. Cybersecurity firm SentinelOne first attributed the attack to North Korean state-sponsored hackers,[14][15] which JumpCloud CISO Bob Phan later confirmed.[16]

Product history

[edit]

In July 2015, JumpCloud added support for Google Apps to its cloud-based directory service.[17]

In May 2020, JumpCloud added availability of its use through Apple’s Mobile Device Management (MDM), enabling managing of Apple macOS devices via the MDM protocol and support for deployment through Apple’s Device Enrollment Plan (DEP).[18][19]

JumpCloud introduced conditional access policies to its directory platform in December 2020, enabling IT admins to adopt Zero Trust security.[20]

In August 2021, JumpCloud introduced a new iOS and Android application to help enterprise IT departments with multi-factor authentication.[21]

References

[edit]
  1. ^ a b c d Greenhalgh, Nick. "What 2020 taught Colorado startup innovators as they enter 2021". Denver Business Journal. American City Business Journals. Retrieved 25 January 2021.
  2. ^ Davidson, Michael (17 December 2013). "JumpCloud Names Colorado Startup Veteran Rajat Bhargava Its New CEO". Xconomy. Xconomy. Retrieved 18 January 2021.
  3. ^ Gillin, Paul (11 June 2020). "JumpCloud extends cloud directory service with detailed user activity monitoring". siliconANGLE. SiliconANGLE Media Inc. Retrieved 18 January 2021.
  4. ^ "JumpCloud Unveils Service To Make AWS Cloud Servers Less Vulnerable To Attack". TechCrunch. Verizon Media. Retrieved 18 January 2021.
  5. ^ Johnson, Derek B. (13 January 2021). "JumpCloud land $100 million in funding, as secure remote access market continues surge". SC Media. CyberRisk Alliance, LLC. Retrieved 18 January 2021.
  6. ^ Avery, Greg. "JumpCloud raises $3 million from Foundry Group, TechStars founder". Denver Business Journal. American City Business Journals. Retrieved 18 January 2021.
  7. ^ "JumpCloud Raises $20 Million Series C to Automate Server Management". Wall Street Journal. Dow Jones & Company, Inc. 20 November 2017. Retrieved 18 January 2021.
  8. ^ Greenhalgh, Nick. "Boulder's JumpCloud Raises $50M, to Hire 200 and Open Denver Office". COLORADOINNO. American City Business Journals. Retrieved 25 January 2021.
  9. ^ Miller, Ron. "JumpCloud raises $75M Series E as cloud directory service thrives during pandemic". TechCrunch. Verizon Media. Retrieved 18 January 2021.
  10. ^ Sawers, Paul (12 January 2021). "JumpCloud closes $100 million round as remote work drives cloud directory service demand". VentureBeat. VentureBeat. Retrieved 18 January 2021.
  11. ^ Miller, Ron. "JumpCloud raises $159M on $2.56B valuation for cloud directory tool". TechCrunch. Verizon Media. Retrieved 29 September 2021.
  12. ^ "JumpCloud Acquires Myki". Global News Wire. 24 February 2022. Retrieved 11 April 2022.
  13. ^ Myki (1 March 2022). "We Got Acquired! What You Need to Know". The Myki Blog. Archived from the original on 22 May 2022. Retrieved 3 March 2022.
  14. ^ Arghire, Ionut (2023-07-20). "JumpCloud Cyberattack Linked to North Korean Hackers". SecurityWeek. Retrieved 2023-07-24.
  15. ^ "North Korea Leverages SaaS Provider in a Targeted Supply Chain Attack". Mandiant. Retrieved 2023-07-24.
  16. ^ Phan, Bob (2023-07-12). "[Security Update] Incident Details". JumpCloud. Retrieved 2023-07-24.
  17. ^ "JumpCloud Connects Into Google Apps". techrockies. SOCALTECH LLC. Retrieved 18 January 2021.
  18. ^ Chambers, Bradley (21 May 2020). "JumpCloud expands Apple enterprise offering by adding MDM solution". 9to5Mac. 9to5. Retrieved 25 January 2021.
  19. ^ Chambers, Bradley (11 November 2020). "JumpCloud, the popular directory-as-a-service and Apple MDM vendor, announces macOS Big Sur compatibility". 9to5Mac. 9to5. Retrieved 25 January 2021.
  20. ^ Sellers, Dennis (16 December 2020). "JUMPCLOUD INTRODUCES CONDITIONAL ACCESS POLICIES TO ITS DIRECTORY PLATFORM". AppleWorld.Today. Raven Solutions, LLC. Retrieved 25 January 2021.
  21. ^ Chambers, Bradley (25 August 2021). "JumpCloud Protect iOS app is now available for free enterprise multi-factor authentication". 9to5Mac. 9to5. Retrieved 30 November 2021.
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