Venture Capital News: JumpCloud Lands $3M in Series A
2014-01-24
BOULDER, CO, Leading automated server management tool for DevOps and IT pros, announced today it has closed a $3M Series A round led by investors Foundry Group and Bullet Time Ventures.
JumpCloud, the leading automated server management tool for DevOps and IT pros, announced today it has closed a $3M Series A round led by investors Foundry Group and Bullet Time Ventures. JumpCloud enables DevOps and IT pros to manage the explosion of cloud, virtual, and on-premises servers through an automated SaaS-based service. JumpCloud is founded by eight-time venture-backed entrepreneur Rajat Bhargava, and led by a team of seasoned IT professionals.
The company has grown quickly since launching at TechCrunch Disrupt San Francisco last September. DevOps and IT pros utilize JumpCloud to automate the critical server lifecycle steps of provisioning, configuration, management, and monitoring. JumpCloud automates server management and saves DevOps and IT admins significant time managing users, patches, security, and compliance. Before JumpCloud, more servers meant more effort, but JumpCloud eliminates that increased effort, making it as easy to manage hundreds of servers as it is to manage one.
'We truly believe in the significant value of our product, and this investment is a testament to the confidence in our vision and team,' said Rajat Bhargava, CEO of JumpCloud. 'Working closely with our customers, we have already made tremendous progress in the months since launching. Having the increased resources that this funding will provide allows us to accelerate our mission of automating the management of every server, everywhere.'
About JumpCloud
JumpCloud automates manual, tedious server management tasks from the cloud for DevOps and IT pros. Complementary to and integrated with Chef and Puppet, JumpCloud picks up where they leave off by automating management of users, patches, security, and compliance. JumpCloud returns days to DevOps and IT admins' lives while increasing security. An automated SaaS-based offering, JumpCloud installs in seconds and deploys on physical, virtual, or cloud servers. For more information visit JumpCloud.com.
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