JumpCloud Inc. has acquired Resmo, a company specializing in asset management and SaaS security solutions for cloud-native IT and SecOps teams. Financial terms of the deal were not disclosed.
This is technology M&A deal number 73 that ChannelE2E and MSSP Alert have covered so far in 2024. See more than 2,000 technology M&A deals for 2024, 2023, 2022, 2021, and 2020 listed here.
JumpCloud, founded in 2012, is based in Louisville, Colorado. The company has 704 employees listed on LinkedIn. JumpCloud’s areas of expertise include device management, extending AD/LDAP to the cloud, software-as-a-service (SaaS), cloud identity management, single sign-on, cloud RADIUS, multi-factor authentication, user management, and server access & management.
Resmo, founded in 2022, is based in Dover, Delaware. The company has 17 employees listed on LinkedIn. Resmo’s areas of expertise include security, compliance, SaaS, DevOps, security engineering, SaaS security, and IT security.
Enhanced Directory Platform
The acquisition is part of JumpCloud's plan to enhance its open directory platform, offering what the company calls comprehensive capabilities for secure user provisioning, access request management, and utilization monitoring. By integrating Resmo’s technology, JumpCloud says it can provide an all-in-one solution addressing the needs for SaaS management, IT security, and asset management.
The platform focuses on eliminating Shadow IT by providing visibility into all applications and IT resources within an organization, thus facilitating secure, frictionless access, the company said.
All Resmo employees have been offered positions within JumpCloud, according to the company.
Executive Insights
Greg Keller, co-founder and CTO, JumpCloud, commented:
“For IT teams, you can’t secure what you don’t know about. Identifying all of the applications and IT resources in your organization and eliminating Shadow IT is critical to delivering secure, frictionless access to all resources. Resmo and its leaders have actively established an early tech advantage, spearheading innovative solutions to address these issues head-on.”
Serhat Can, co-founder and CEO, Resmo, said:
“Everyone at Resmo is thrilled to join JumpCloud. More importantly, we are eager to alleviate the burden of disparate point solutions and SaaS app security for more customers and partners through an expanded JumpCloud platform.”
Mustafa Akın, co-founder and CTO, Resmo, added:
“Together, JumpCloud and Resmo offer unparalleled freedom for organizations to utilize cutting-edge technology for secure, frictionless access that works seamlessly with the IT and security tools of their choice.”
