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JumpCloud launches venture arm to fund the next generation of IT and security startups

JumpCloud is expanding its footprint in the enterprise security landscape, but this time, it’s not with a new software feature. The company today announced the launch of JumpCloud Ventures, a new investment arm designed to support early-stage companies building solutions in identity, security, AI, and IT productivity. Along with the launch of the fund, JumpCloud has announced its first strategic investment in Tofu, a startup focused on combating identity fraud during the hiring process.

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