JumpCloud: General Atlantic $50M growth partnership (May 2019)
What's the deal? In May 2019, Louisville, Colorado–based identity and device management platform JumpCloud raised a $50 million round with General Atlantic as the new growth partner. Existing investors Foundry Group and OpenView Partners also participated.
Context JumpCloud provides an open directory platform for secure access from any device to any resource. General Atlantic remained involved in later 2020–2021 follow-on rounds as the company scaled toward multi-billion valuations. The May 2019 financing is recorded as growth equity with General Atlantic as lead.
Source JumpCloud press release