Companies
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JumpCloud
Cybersecurity
JumpCloud is a Colorado-based identity and access management company providing a cloud-based directory platform that lets IT teams manage user identities, devices, and access across a mix of operating systems and applications.
$963M
+$1.49
211.21%
30 days ago
$0.71
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JumpCloud was founded in 2012 by Rajat Bhargava and Alan Yang, based on the observation that Microsoft's Active Directory, the long-dominant enterprise directory service used to manage employee identities, computer devices, and access permissions across corporate networks, was designed primarily for an earlier era of computing dominated by Windows-based devices and on-premises corporate networks, but that modern workplaces increasingly use a diverse mix of operating systems, including Windows, macOS, and Linux devices, along with a very large number of cloud-based software-as-a-service applications rather than only traditional on-premises corporate network resources, a shift that traditional Active Directory-centric identity management approaches were not originally designed to handle well. JumpCloud's platform provides a cloud-based directory and identity management system that can manage user accounts, device configuration and security policies, and application access across this more heterogeneous mix of operating systems and cloud applications that characterizes many modern workplaces, letting IT teams manage identity and access from a single unified cloud-based platform regardless of whether employees are using Windows, Mac, or Linux devices, or accessing a mix of on-premises and cloud-based applications, rather than needing separate, disconnected tools and processes for different device types and application categories. The company has positioned its platform particularly toward small and mid-sized businesses and organizations with more heterogeneous, cloud-forward technology environments than the traditional, primarily Windows-based corporate networks that legacy directory services like Active Directory were originally designed around, arguing that many smaller organizations don't need or want to maintain the on-premises infrastructure traditionally required to run Active Directory. JumpCloud's customers span businesses across many industries and sizes seeking simplified, cloud-based identity and device management, particularly organizations with significant remote or distributed workforces and diverse device and application environments. The company has raised substantial venture funding from investors including General Atlantic, Sapphire Ventures, and Atlassian Ventures, reaching a reported valuation exceeding $2.6 billion, competing with Microsoft's own cloud identity offerings and other identity management platforms including Okta.
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